DAX Advances In Cautious Trade

RTTNews | 11天前
DAX Advances In Cautious Trade

(RTTNews) - After a weak start and a subsequent recovery that briefly lifted it slightly above the flat line, the German stock market retreated and slipped into negative territory Wednesday morning amid cautious moves by investors due to a lack of progress in Ukraine peace talks and a disappoint earnings update from Netflix.

The benchmark DAX was down 74.84 points or 0.31% at 24,273.94 a little while ago.

Infineon Technologies is down more than 3%, after Texas Instruments came out with a disappointing earnings update.

Mercedes-Benz is down 2.4%. Adidas is lower by about 2.25% despite reporting strong third-quarter results and raising its annual operating profit outlook. The stock is weighed down by JP Morgan lowering its price target slightly.

Volkswagen, BMW, Brenntag and Deutsche Post are down 1.3 to 1.7%. SAP, Beiersdorf, Merck, Bayer, Allianz, Deutsche Bank and BASF are down 0.6 to 1%.

Rheinmetall is gaining about 2.5%, extending recent rise. The stock moved up sharply earlier in the week after the group's joint venture received an order worth $4 billion, indicating growing demand for defense products in Europe.

RWE, Scout24 and Siemens Healthineers are up 0.7 to 1%, while Siemens Energy, Vonovia and E.ON are up with modest gains.

read more
European Economic News Preview: Eurozone Final Factory PMI Due

European Economic News Preview: Eurozone Final Factory PMI Due

Factory purchasing managers' survey results from the euro area and the UK are the top economic news due on Monday. At 2.30 am ET, the Federal Statistical Office publishes Swiss consumer prices for October. Inflation is forecast to rise to 0.3 percent from 0.2 percent in September. At 3.15 am ET, Spain's manufacturing PMI survey data is due.
RTTNews | 2小时13分钟前
European Shares Set For Mixed Open

European Shares Set For Mixed Open

European stocks are seen opening broadly higher on Monday, though French markets may drift lower after the National Assembly voted down dual proposals to tax the ultra-wealthy, dealing a blow to left-wing lawmakers who had made fiscal reform their condition for passing the budget.
RTTNews | 3小时41分钟前
Australian Market Slashes Early Losses In Mid-market

Australian Market Slashes Early Losses In Mid-market

The Australian stock market is slashing its early losses in mid-market trading on Monday, but extending the losses in the previous four sessions, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying below the 8,850 level, with weakness in materials stocks partially offset by gains in energy, financial and technology stocks.
RTTNews | 5小时53分钟前
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as a temporary tariff truce materialized between the U.S. and China wherein China agreed to buy more U.S. energy. This gave fresh optimism about smooth trade relations between the two major oil consumers of the world. Asian markets closed mixed on Friday.
RTTNews | 5小时59分钟前
Sensex, Nifty Likely To Open On Cautious Note

Sensex, Nifty Likely To Open On Cautious Note

Indian shares look set to open on a subdued note Monday after having snapped their four-week winning streak last week due to profit taking after recent gains to record highs.
RTTNews | 6小时41分钟前
Thai Shares Tipped To Open To The Upside

Thai Shares Tipped To Open To The Upside

The Thai stock market has moved lower in consecutive trading days, slumping more than 6 points or 0.5 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,310-point plateau although it's expected to open in the green on Monday.
RTTNews | 7小时18分钟前