European Shares Rally On Trade Deal Optimism

RTTNews | 20天前

(RTTNews) - European stocks were sharply higher on Wednesday after three straight sessions of losses.

Focus shifted to potential trade agreements after U.S. President Donald Trump announced trade deals with Japan & Philippines.

The prospects of an EU-U.S. trade agreement improved after Trump said that EU representatives would come for trade negotiations on Wednesday.

"We have Europe coming in tomorrow, and the next day, we have some other ones coming in," Trump said late on Tuesday, without specifying details.

The pan European STOXX 600 jumped 1.2 percent to 550.83 after falling 0.4 percent on Tuesday.

The German DAX rose a little over 1 percent, France's CAC 40 climbed 1.5 percent and the U.K.'s FTSE 100 was up half a percent.

Shares of Dutch telecommunications provider Koninklijke KPN NV fell nearly 2 percent after declaring its Q2 and H1 2025 results.

Recruiter Randstad NV dropped 1.8 percent despite reporting Q2 core profit in line with expectations.

Computer chip equipment maker ASM International plummeted 8.5 percent after second-quarter bookings fell short of expectations.

Lonza Group AG shares surged 5 percent. The Swiss contract drug manufacturer reported 23 percent growth in its half-year core profit, beating market expectations.

Pharma giant Roche Holding AG rose 1.4 percent after pausing some shipments of the controversial gene therapy Elevidys.

Stora Enso Oyj shares were up almost 6 percent. The Finnish forestry group reported better-than-expected second-quarter operating earnings despite a volatile demand environment.

French train maker Alstom rallied 4 percent as first-quarter sales topped estimates.

Defense and aerospace group Thales fell 2 percent after order intake in the first half of 2025 declined 4 percent on a reported basis and organically.

Automaker Renault Group climbed 3.7 percent after vehicle sales rose by 1.3 percent in the first half of the year.

Informa, an international events and academic publishing group, jumped 5.7 percent after raising its full-year revenue guidance.

German software maker SAP tumbled 3 percent. The company maintained its full-year targets despite reporting higher quarterly sales and earnings.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling well below the 8,850 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.

RTTNews | 1小时2分钟前

Asian Markets Track Wall Street Higher

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RTTNews | 1小时13分钟前

Sensex, Nifty Set For Positive Open As Retail Inflation Hits 8-year Low

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RTTNews | 1小时49分钟前

Rebound Anticipated For Thai Stock Market

Ahead of the long holiday weekend for Queen Sirikit's birthday, the Thai stock market had ended the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau although it's expected to bounce higher again on Wednesday.

RTTNews | 2小时21分钟前

Japanese Market Sharply Higher

The Japanese stock market is sharply higher on Wednesday, extending the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving a tad above the 43,300 level to fresh record all-time highs, with gains across all sectors led by exporters and financial stocks.

RTTNews | 2小时39分钟前

Indonesia Bourse May Test Resistance At 7,800 Points

The Indonesia stock market has tracked higher in three straight sessions, improving more than 300 points or 4 percent along the way. The Jakarta Composite Index now sits just above the 7,790-point plateau and it may at least open higher again on Wednesday.

RTTNews | 2小时51分钟前

Additional Support Called For Hong Kong Stock Market

The Hong Kong stock market has moved higher in back-to-back sessions, gathering more than 110 points or 0.4 percent along the way. The Hang Seng Index now rests just beneath the 24,970-point plateau and it's expected to open to the upside again on Wednesday.

RTTNews | 3小时6分钟前

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday after opening in the green, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,900 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.

RTTNews | 3小时8分钟前

EURUSD	1.16835	GBPUSD	1.3503	AUDUSD	0.65319
USDJPY	148.062	USDCAD	1.3775	USDCHF	0.80663