DAX Edges Higher Led By Banks

RTTNews | 789 ngày trước
DAX Edges Higher Led By Banks

(RTTNews) - German stocks were seeing modest gains on Wednesday ahead of Federal Reserve chairman Jerome Powell's testimony before the House Financial Services Committee and the Senate Banking Committee.

The benchmark DAX was up 29 points, or 0.2 percent, at 16,140 after declining 0.6 percent in the previous session.

Banks traded higher as German two-year government bond yields surged to their highest level since March 10 after the release of stronger than expected U.K. inflation data. Commerzbank gained 1.2 percent and Deutsche Bank rallied 1.7 percent.

Deutsche Lufthansa added 1.5 percent. The airline has signed a deal with Swedish lender, SEB Kort Bank AB, to sell its travel payment solutions business Lufthansa AirPlus Servicekarten GmbH, for around 450 million euros.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market trading on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,900 level, with weakness in mining and energy stocks partially offset by gains in financial stocks.
RTTNews | 1h 9phút trước
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, amid optimism of a truce in the conflict between Russia and Ukraine with US President Donald Trump planning a summit meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy very soon. Asian markets closed mostly higher on Monday.
RTTNews | 1h 20phút trước
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling below the 43,500 level, with weakness in index heavyweights and financial stocks partially offset by gains in automakers and exporters.
RTTNews | 2h 16phút trước
Thai Shares May Take Further Damage On Tuesday

Thai Shares May Take Further Damage On Tuesday

The Thai stock market has finished lower in three straight sessions, slipping more than 35 points or 3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,240-point plateau and it may extend its losses on Tuesday.
RTTNews | 2h 35phút trước
Little Movement Seen For Indonesia Stock Market

Little Movement Seen For Indonesia Stock Market

Ahead of Monday's holiday for Independence Day, the Indonesia stock market had snapped the five-day winning streak in which it had surged more than 440 points or 5.8 percent. The Jakarta Composite Index now sits just beneath the 7,900-point plateau and it's likely to remain stuck in neutral again on Tuesday.
RTTNews | 3h 5phút trước
Soft Start Expected For Hong Kong Stock Market

Soft Start Expected For Hong Kong Stock Market

The Hong Kong stock market has moved lower in three straight sessions, slumping more than 430 points or 1.5 percent along the way. The Hang Seng Index now rests just above the 25,175-point plateau and it may continue to sputter on Tuesday.
RTTNews | 3h 20phút trước
Australian Market Significantly Lower

Australian Market Significantly Lower

The Australian stock market is trading significantly lower on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,900 level, with weakness in gold miners and energy stocks partially offset by gains in iron ore miners and financial stocks.
RTTNews | 3h 24phút trước