DAX Slips On Inflation Concerns

RTTNews | 722 ngày trước
DAX Slips On Inflation Concerns

(RTTNews) - German stocks fell on Wednesday and bond yields jumped after data showed the consumer price index in the bellwether state of North Rhine-Westphalia rose by 5.9 % year-on-year in August from 5.8 percent in July.

A measure of German import prices saw the sharpest drop since January 1987 in July, offering some relief.

Meanwhile, the consumer confidence indicator in the Euro Area has been confirmed at -16 in August 2023, down from -15.1 in July.

The benchmark DAX was down 46 points, or 0.3 percent, at 15,884 after climbing 0.9 percent in the previous session.

Media, services and education company Bertelsmann gained 1.3 percent after sounding optimistic about the business performance in 2023.

Delivery Hero shares slumped 6.6 percent after the online food delivery service reported net and operating losses for the first half.

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Indian shares look set to open on a flat note Thursday following five consecutive sessions of gains. Overall losses, if any, may remain limited amid renewed hopes of peace between Russia and Ukraine.
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Renewed Selling Pressure Tipped For Thai Stock Market

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The Thai stock market on Wednesday wrote a finish to the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may hand back those gains on Thursday.
RTTNews | 3h 59phút trước
Japanese Market Notably Lower

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The Japanese market is trading notably lower on Thursday, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,650 level, with weakness in index heavyweights, automakers and financial stocks.
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