DAX Extends Losses On China Growth Concerns

RTTNews | 747天前
DAX Extends Losses On China Growth Concerns

(RTTNews) - German stocks declined on Friday to extend losses from the previous session on China growth concerns and fears of further interest-rate hikes by the U.S. Federal Reserve.

China's property giant Evergrande has filed for bankruptcy protection in the United States, underscoring the deepening turmoil in the country's property sector.

The benchmark DAX was down 111 points, or 0.7 percent, at 15,565 after declining 0.7 percent in the previous session.

Sports apparel and footwear giant Adidas fell 1.3 percent after renewing a long-term license agreement with Coty Inc., a manufacturer of fragrance, color cosmetics, and skin and body care products.

SUSE soared 60 percent after the software solutions provider said it would quit the Frankfurt Stock Exchange and become a private company again.

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Tech Shares May Fuel Taiwan Stock Market

Tech Shares May Fuel Taiwan Stock Market

The Taiwan stock market on Wednesday ended the four-day losing streak in which it had dropped more than 500 points or 2 percent. The Taiwan Stock Exchange now sits just above the 24,100-point plateau and it's tipped to open in the green again on Thursday.
RTTNews | 25分钟前
Rebound Anticipated For Singapore Stock Market

Rebound Anticipated For Singapore Stock Market

The Singapore stock market on Wednesday wrote a finish to the five-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Straits Times Index now sits just shy of the 4,290-point plateau although it may find renewed support on Thursday.
RTTNews | 55分钟前
Malaysia Stock Market May Add To Its Winnings On Thursday

Malaysia Stock Market May Add To Its Winnings On Thursday

The Malaysia stock market has moved higher in consecutive trading days, gathering just 3 points or 0.2 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau and it may extend its gains on Thursday.
RTTNews | 1小时25分钟前
Japan Bourse May Reverse Wednesday's Losses

Japan Bourse May Reverse Wednesday's Losses

The Japanese stock market headed south again on Wednesday, one day after ending the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just beneath the 41,940-point plateau although it's likely to bounce higher again on Thursday.
RTTNews | 1小时40分钟前
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has moved higher in back-to-back trading days, collecting more than 40 points or 1.3 percent along the way. The KOSPI now rests just above the 3,180-point plateau and it may add to its winnings on Thursday.
RTTNews | 1小时55分钟前
Australia Trade Data Due On Thursday

Australia Trade Data Due On Thursday

Australia will on Thursday release August numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In July, imports were down 3.1 percent on month and exports rose 6.0 percent for a trade surplus of A$5.365 billion.
RTTNews | 2小时55分钟前
Swiss Market Closes On Bright Note

Swiss Market Closes On Bright Note

The Switzerland market closed on a bright note on Wednesday after holding firm right through the day's trading session thanks to sustained buying at several counters from across various sectors.
RTTNews | 6小时53分钟前