DAX Marginally Lower On Middle East Concerns

RTTNews | 672天前
Stocktwits
DAX Marginally Lower On Middle East Concerns

(RTTNews) - German stocks were subdued on Wednesday, with concerns over rising oil prices and escalating tensions in the Middle East keeping investors nervous.

On the positive side, China reported better-than-expected GDP, retail sales and industrial output data, suggesting that Beijing's stimulus measures to prop up banking and property sectors are gaining traction.

The benchmark DAX was down 15 points at 15,236 after ending on a flat note Tuesday. Sportswear firm Adidas jumped more than 4 percent after raising its 2023 revenue guidance.

Infineon Technologies rose 0.6 percent. The German semiconductor maker, Hyundai Motor Co., and Kia Corp. have signed a multi-year supply deal for silicon carbide and silicon power semiconductors. The financial terms of the agreement were not disclosed.

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China Stock Market May Hand Back Wednesday's Gains

China Stock Market May Hand Back Wednesday's Gains

The China stock market bounced higher again on Wednesday, one day after ending the two-day winning streak in which it had gained more than 60 points or 1.7 percent. The Shanghai Composite Index now sits just beneath the 3,770-point plateau although it may open under pressure again on Thursday.
RTTNews | 10分钟前
Japan Manufacturing PMI Improves Top 49.9 - Jibun

Japan Manufacturing PMI Improves Top 49.9 - Jibun

The manufacturing sector in Japan continued to contract in August, although at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 49.9.
RTTNews | 36分钟前
Soft Start Predicted For Taiwan Stock Market

Soft Start Predicted For Taiwan Stock Market

The Taiwan stock market has moved lower in two straight sessions, plunging more than 850 points or 3.8 percent along the way. The Taiwan Stock Exchange now sits just above the 23,625-point plateau and it's expected to at least open in the red again on Thursday.
RTTNews | 40分钟前
Win Streak May End For Singapore Stock Market

Win Streak May End For Singapore Stock Market

The Singapore stock market has moved higher in back-to-back sessions, collecting more than 30 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 4,220-point plateau although it figures to run out of steam on Thursday.
RTTNews | 1小时10分钟前
Malaysia Bourse May Extend Wednesday's Losses

Malaysia Bourse May Extend Wednesday's Losses

The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and the losses may accelerate on Thursday.
RTTNews | 1小时40分钟前
Continued Consolidation Called For Nikkei

Continued Consolidation Called For Nikkei

The Japan stock market has moved lower in two straight sessions, dropping more than 825 points or 1.9 percent along the way. The Nikkei 225 now sits just beneath the 42,890-point plateau and it may take further damage again on Thursday.
RTTNews | 1小时55分钟前
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高风险警告：外汇交易具有高风险，可能不适合所有投资者。 杠杆创造了额外的风险和损失风险。 在您决定进行外汇交易之前，仔细考虑您的投资目标、经验水平和风险承受能力。 您可能会损失部分或全部的初始投资。不要投资您无法承受损失的钱。 对自己进行与外汇交易有关的风险教育，如果您有任何问题，请向独立的财务或税务顾问咨询。 任何数据和信息都是"按原样"提供的，仅仅是为了提供信息，并不打算用于交易目的或建议。 过去的业绩并不代表未来的结果。