DAX Slips As Industrial Production Extends Decline

RTTNews | 568 ngày trước
DAX Slips As Industrial Production Extends Decline

(RTTNews) - German stocks edged down slightly on Wednesday after industrial production posted a sharper-than-expected decline in December.

German industrial output dropped 1.6 percent on month, bigger than the revised 0.2 percent fall in November and also economists' forecast of 0.4 percent decrease, data from Destatis revealed.

On a yearly basis, the decline in industrial production softened to 3.0 percent from 4.3 percent in November.

The benchmark DAX was down 42 points, or 0.3 percent, at 16,991 after gaining 0.8 percent in the previous session.

In corporate news, computer software company TeamViewer soared almost 11 percent after Q4 revenue beat estimates.

Bio-pharmaceutical firm Evotec added about 1 percent after expanding a collaboration with Advanced BioScience Laboratories to fight against HIV.

Siemens Energy advanced 1.4 percent after it swung to a 1.58 billion-euro ($1.7 billion) net profit in the first quarter and confirmed is FY24 outlook.

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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

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RTTNews | 41 phút trước
Thai Stock Market Tipped To Open In The Green

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RTTNews | 1h 47phút trước
Japanese Market Notably Lower

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Additional Support Predicted For Indonesia Shares

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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 | 2h 26phút trước
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 | 2h 32phút trước