European Shares Mixed In Cautious Trade

RTTNews | Pred 1021 dňami

(RTTNews) - European stocks traded mixed on Tuesday as investors looked towards the U.S. midterm elections later in the day.

Analysts expect a Republican victory, which could change the political climate.

Resource stocks led losses amid fading hopes of top consumer China easing its strict zero-COVID policy.

The pan-European STOXX Europe 600 edged up 0.1 percent to 418.79 after rising 0.3 percent to reach its highest level since Sept. 13 on Monday.

The German DAX inched up 0.1 percent, while France's CAC 40 and the U.K.'s FTSE 100 both slipped around 0.3 percent.

Danish jewelry maker Pandora surged 6 percent after its third-quarter sales topped estimates.

Miners Anglo American, Antofagasta and Glencore fell 1-2 percent after reports of increased coronavirus cases in Guangzhou and other Chinese cities.

Oil & gas firm BP Plc gave up 1.7 percent and Shell declined 1.4 percent.

3i Infrastructure jumped 3.4 percent after reporting improved earnings in the first half of the year.

Associated British Foods soared more than 5 percent. After reporting a jump in annual profits, the Primark owner has announced a £500mln share buy-back program for the current financial year.

Hammerson climbed 9 percent. The British retail property firm said that footfall at its Irish flagships improved to 90pc of 2019 levels in the third quarter of the year.

French luxury giants LVMH and Hermes International were moving lower on China demand concerns.

Carrefour fell 1.2 percent after the retail giant said it would step up its expansion in e-commerce, open more discount stores and cut costs as part of a new strategic plan.

Automaker Renault lost about 3 percent after announcing a sweeping overhaul plan.

German pharmaceutical and life sciences firm Bayer lost 2.2 percent after its earnings narrowly topped estimates.

Schaeffler AG, a maker of rolling element bearings for industries, jumped 9 percent after saying that it is axing 1,300 jobs globally to rein in fixed costs and reduce overcapacity.

Munich Re gained 2 percent after confirming its 2022 profit guidance.

Sensex, Nifty Open Higher On Firm Global Cues; IT Stocks Lead Gains

Indian shares opened higher on Monday, mirroring positive cues from global markets amid renewed optimism over a potential U.S. Federal Reserve rate cut.

RTTNews | Pred 1 h 3 min

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.

RTTNews | Pred 2 h 9 min

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.

RTTNews | Pred 2 h 26 min

Sensex, Nifty Seen Higher On Dovish Fed Comments

Indian shares are seen opening higher on Monday as traders react to Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole.

RTTNews | Pred 3 h 6 min

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.

RTTNews | Pred 3 h 35 min

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.

RTTNews | Pred 3 h 47 min

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.

RTTNews | Pred 4 h 5 min

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.

RTTNews | Pred 4 h 6 min

EURUSD	1.17024	GBPUSD	1.35089	AUDUSD	0.64908
USDJPY	147.323	USDCAD	1.38365	USDCHF	0.80334