DAX Slips On Rate, Growth Concerns

RTTNews | 726天前
DAX Slips On Rate, Growth Concerns

(RTTNews) - German stocks traded lower on Tuesday amid uncertainty about the Federal Reserve's rate hike path and concerns about a slowing Chinese economy.

The euro was down for a sixth straight session to hover near a six-month trough against the dollar on concerns of a widening interest rate gap in favor of the U.S.

The benchmark DAX was down 55 points, or 0.4 percent, at 15,350 after closing 1 percent lower the previous day.

Banks Commerzbank and Deutsche Bank were down 0.6 percent and 1.5 percent, respectively while automaker Renault dropped 1.2 percent.

Nordex, a turbine manufacturer, declined 1.3 percent. The company has received an order from Romania to supply and install five N149/5.X turbines.

The contract also includes a premium service contract for the maintenance of the turbines over 20 years.

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Thai Stock Market Due For Support On Monday

Thai Stock Market Due For Support On Monday

The Thai stock market has moved lower in three straight sessions, shedding more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,290-point plateau although it may stop the bleeding on Monday.
RTTNews | 28分钟前
Indonesia Bourse May Set Fresh Record High

Indonesia Bourse May Set Fresh Record High

The Indonesia stock market bounced higher again on Friday, one day after halting the seven-day winning streak in which it had surged almost 400 points or 5 percent. Now at a fresh record closing high, the Jakarta Composite Index sits just above the 8,050-point plateau and it may see additional support on Monday.
RTTNews | 58分钟前
Additional Support Tipped For Hong Kong Stocks

Additional Support Tipped For Hong Kong Stocks

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,550-point plateau and it may add to its winnings on Monday.
RTTNews | 1小时13分钟前
China Shares May Halt Losing Streak

China Shares May Halt Losing Streak

The China stock market has tracked lower in back-to-back sessions, sinking more than 55 points or 1.5 percent along the way. The Shanghai Composite Index now rests just above the 3,820-point plateau although it may find traction on Monday.
RTTNews | 1小时28分钟前
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by mining and financial stocks.
RTTNews | 1小时32分钟前
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has alternated between positive and negative finishes through the last five trading days since the end of the eight-day winning streak in which it had surged more than 1,450 points or 5.8 percent. The Taiwan Stock Exchange now sits just beneath the 25,580-point plateau although it's expected to move back into the green again on Monday.
RTTNews | 1小时58分钟前
Singapore Shares Overdue For Support On Monday

Singapore Shares Overdue For Support On Monday

The Singapore stock market has finished lower in six straight sessions, slumping more than 50 points or 1.2 percent along the way. The Straits Times Index now sits just above the 4,300-point plateau although it's expected to open to the upside on Monday.
RTTNews | 2小时28分钟前
Malaysia Stock Market May Reclaim 1,600-Point Level

Malaysia Stock Market May Reclaim 1,600-Point Level

The Malaysia stock market has moved lower in two straight sessions, slipping almost 15 points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just shy of the 1,600-point plateau although it's likely to bounce higher on Monday.
RTTNews | 2小时58分钟前