German Stocks Up Marginally After Mild Setback

RTTNews | Pred 7 dňami
German Stocks Up Marginally After Mild Setback

(RTTNews) - The German market, which retreated after a positive start Tuesday morning, recovered some lost ground subsequently, but remains a bit subdued, amid concerns about global economic growth due to Trump administration's uncertain trade policies.

A downward revision in global growth forecast by OECD, and news about the collapse of the Deutsche Government are weighing on sentiment.

Investors are also digesting eurozone inflation data.

The benchmark DAX, which climbed to 24,052.86 in early trades, dropped to 23,818.82 before recovering to 23,964.17, recording a marginal gain of 17.79 points or 0.07%.

Rheinmetall and Deutsche Telekom are gaining 2.3% and 2.2%, respectively. Vonovia is up nearly 2%, while MTU Aero Engines is advancing 1.3%.

SAP, Allianz and E.ON are up with modest gains.

Zalando is down more than 2.5%, and Adidas is drifting down 2.3%. Continental, Porsche Automobil Holding, Heidelberg Materials, Beiersdorf and Bayer are down 1 to 1.5%.

BASF, Siemens, Porsche, Mercedes-Benz, Brenntag, Commerzbank and Volkswagen are down 0.5 to 1%.

The Organization for Economic Co-operation and Development (OECD) slashed its global growth forecast to 2.9% from its earlier forecast of 3.1% for 2025.

The Paris-based firm said the outlook across the globe has become challenging with rising trade barriers and policy uncertainty, which is weighing on consumer confidence and blocking investments.

Flash data from Eurostat showed eurozone inflation eased more than expected in May largely due to the slowdown in services inflation.

Inflation softened to 1.9% in May, slightly below the central bank's target of 2%. Inflation was expected to slow to 2% from 2.2% in April.

Core inflation that strips out prices of energy, food, alcohol and tobacco, slowed unexpectedly to 2.3% from 2.7%. The rate was seen at 2.4%.

On a monthly basis, the harmonized index of consumer prices remained flat in May.

A separate data from Eurostat said the unemployment rate in the Euro Area edged down to 6.2% in April 2025, matching the record low set in December. The rate was down from a revised 6.3% in March.

read more
Sensex, Nifty Marginally Higher In Lackluster Trade

Sensex, Nifty Marginally Higher In Lackluster Trade

Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | Pred 35 minútami
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | Pred 1 h 37 min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
RTTNews | Pred 2 h 1 min
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Wednesday despite top U.S. and Chinese officials agreeing on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | Pred 2 h 30 min
Thai Bourse May Extend Tuesday's Gains

Thai Bourse May Extend Tuesday's Gains

The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 5 points or 0.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,140-point plateau and it may tick higher again on Wednesday.
RTTNews | Pred 3 h 1 min
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights and technology stocks. Financial stocks are a weak spot.
RTTNews | Pred 3 h 27 min
Indonesia Shares May Open To The Upside

Indonesia Shares May Open To The Upside

The Indonesia stock market has moved higher in three straight sessions, gathering almost 190 points or 2.7 percent along the way. The Jakarta Composite Index now rests just above the 7,230-point plateau and it's looking at a firm lead again for Wednesday's trade.
RTTNews | Pred 3 h 31 min
Higher Open Expected For Hong Kong Shares

Higher Open Expected For Hong Kong Shares

The Hong Kong stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,160-point plateau and it's likely to remain rangebound on Wednesday.
RTTNews | Pred 3 h 46 min