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DAX Dips Ahead Of Key Inflation Data
(RTTNews) - German stocks fell on Thursday amid worries about continued monetary policy tightening by the U.S. Federal Reserve and the European Central Bank.
The benchmark DAX was down 129 points, or 0.8 percent, at 15,176 after losing 0.4 percent lower the previous day.
Travel and tech stocks dipped as Eurozone government bond yields hit multi-year highs ahead of the release of preliminary euro zone data for February due later in the day. Lufthansa fell over 1 percent and Infineon lost 3 percent.
Kion Group AG rose over 1 percent. The manufacturer of materials handling equipment said it expects an increase in revenue and a significant improvement in both adjusted EBIT and return on capital employed in fiscal 2023.
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Thai Shares May See Renewed Support On Wednesday
The Thai stock market on Tuesday ended the five-day winning streak in which it had picked up more than 50 points or 3.9 percent. The Stock Exchange of Thailand now rests just shy of the 1,315-point plateau although it may tick higher again on Wednesday.
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Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Wednesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 50,800 level, with gains in exporters and technology stocks.
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1h 2minuter sedan
China Shares Poised To Open In The Green
The China stock market on Tuesday ended the three-day winning streak in which it had collected more than 80 points or 2 percent. The Shanghai Composite Index now sits just shy of the 3,990-point plateau although it may move higher again on Wednesday.
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Australian Market Modestly Lower
Australian shares are trading modestly lower on Wednesday, reversing some of the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 9,000 level, despite the broadly positive cues from Wall Street overnight, with weakness in financial and technology stocks.
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Tech Shares May Boost Taiwan Stock Market
The Taiwan stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had slumped more than 220 points or 0.8 percent. The Taiwan Stock Exchange now sits just shy of the 27,950-point plateau although it may find renewed support on Wednesday.
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1h 50minuter sedan
Singapore Bourse May Extend Winning Streak
The Singapore stock market has climbed higher in six straight sessions, jumping more than 120 points or 2.9 percent along the way. The Straits Times Index now sits just above the 4,450-point plateau and it may add to its winnings on Wednesday.
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2h 20minuter sedan
Malaysia Shares May Reverse Tuesday's Losses
The Malaysia stock market on Tuesday ended the three-day winning streak in which it had improved more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,615-point plateau, although it's likely to move back to the upside again on Wednesday.
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2h 50minuter sedan
Mild Upside Anticipated For Japan Stock Market
The Japan stock market on Tuesday ended the two-day winning streak in which it had rallied more than 1,800 points or 3 percent. The Nikkei 225 now rests just shy of the 50,220-point plateau although it's likely to bounce higher again on Wednesday.
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