DAX Rises On Earnings

RTTNews | 1037 gün önce
DAX Rises On Earnings

(RTTNews) - German stocks advanced on Wednesday as investors digested a raft of earnings updates and looked ahead to Thursday's ECB meeting.

The European Central Bank is widely expected to raise rates by 75 basis points amid a looming recession.

The benchmark DAX was up 80 points, or 0.6 percent, at 13,133 after gaining 0.9 percent in the previous session.

Energy major Uniper SE tumbled 4.3 percent. Based on preliminary results, the company said it expects an adjusted net loss of 3.2 billion euros ($3.16 billion) for the nine months to end-September.

Mercedes-Benz slipped half a percent despite the luxury carmaker raising its forecast for adjusted return on sales for the full year for its cars division.

Sportswear maker PUMA fell 1.3 percent after saying it is lagging somewhat behind inflation with its price increases.

Chemical firm BASF rose nearly 2 percent after backing its FY22 outlook.

Deutsche Bank declined 1.5 percent despite posting better-than-expected earnings for the third quarter.

read more
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 20 dakika önce
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 1s 26 dakika önce
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | 1s 43 dakika önce
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 1s 56 dakika önce
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 2s 5 dakika önce
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | 2s 11 dakika önce
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
RTTNews | 2s 26 dakika önce