DAX Extends Losses On China Growth Concerns

RTTNews | 699 gün önce
DAX Extends Losses On China Growth Concerns

(RTTNews) - German stocks declined on Friday to extend losses from the previous session on China growth concerns and fears of further interest-rate hikes by the U.S. Federal Reserve.

China's property giant Evergrande has filed for bankruptcy protection in the United States, underscoring the deepening turmoil in the country's property sector.

The benchmark DAX was down 111 points, or 0.7 percent, at 15,565 after declining 0.7 percent in the previous session.

Sports apparel and footwear giant Adidas fell 1.3 percent after renewing a long-term license agreement with Coty Inc., a manufacturer of fragrance, color cosmetics, and skin and body care products.

SUSE soared 60 percent after the software solutions provider said it would quit the Frankfurt Stock Exchange and become a private company again.

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Higher Open Predicted For Malaysia Stock Market

Higher Open Predicted For Malaysia Stock Market

The Malaysia stock market on Thursday snapped the two-day slide in which it had dropped more than 25 points or 1.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,520-point plateau and it's expected to open to the upside again on Friday.
RTTNews | 13 dakika önce
Japan Bourse May Add To Thursday's Gains

Japan Bourse May Add To Thursday's Gains

The Japanese stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had dropped more than 360 points or 0.9 percent. The Nikkei 225 now sits just above the 39,900-point plateau and it may see additional support on Friday.
RTTNews | 28 dakika önce
KOSPI May Reclaim 3,200-Point Level

KOSPI May Reclaim 3,200-Point Level

The South Korea stock market ticked higher again on Thursday, one day after ending the two-day winning streak in which it had climbed almost 40 points or 1.2 percent. The KOSPI sits just above the 3,190-point plateau and it may add to its winnings on Friday.
RTTNews | 43 dakika önce
Malaysia GDP Data Due On Friday

Malaysia GDP Data Due On Friday

Malaysia will on Friday release preliminary Q2 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the first quarter, GDP was up 4.4 percent on year.
RTTNews | 1s 43 dakika önce
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market closed on a firm note on Thursday, in line with markets across Europe, amid hopes the European Union and the U.S. will agree on a trade deal before the deadline. Positive reacting to some earnings updates also contributed to market's higher close.
RTTNews | 5s 38 dakika önce
U.S. Business Inventories Remain Unchanged For Second Straight Month

U.S. Business Inventories Remain Unchanged For Second Straight Month

Business inventories in the U.S. remained unchanged for the second consecutive month in May, according to a report released by the Commerce Department on Thursday. The Commerce Department said business inventories were virtually unchanged in May after also coming in flat in April. The unchanged reading matched economist estimates.
RTTNews | 8s 47 dakika önce