DAX Edges Up In Cautious Trade

RTTNews | vor 888 Tagen
DAX Edges Up In Cautious Trade

(RTTNews) - German stocks were slightly higher on Wednesday after data showed German consumer price inflation slowed as initially estimated in July.

Consumer price inflation slowed to 7.5 percent from 7.6 percent in June, final data from Destatis revealed - matching the flash estimate published on July 28. In May, headline inflation hit a record high 7.9 percent.

Investors await key U.S. consumer price inflation reading for July later in the day for further direction.

The benchmark DAX edged up 15 points, or 0.1 percent, to 13,550 after losing 1.1 percent the previous day.

Sixt SE, a car rental company, slumped 6 percent despite reporting higher second-quarter profit and revenues.

Oil and gas major E.ON SE was up around 1 percent after maintaining its 2022 outlook for full-year adjusted pre-tax profit.

Holiday group TUI AG was marginally higher after its EBIT loss narrowed for the third quarter of fiscal 2022.

read more
Thai Stock Market Expected To Open Higher On Wednesday

Thai Stock Market Expected To Open Higher On Wednesday

The Thai stock market has finished lower in two straight sessions, sinking more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,340-point plateau although it's due for support on Wednesday.
RTTNews | vor 5Std 37 Minuten
Indonesia Bourse May Stop The Bleeding On Wednesday

Indonesia Bourse May Stop The Bleeding On Wednesday

The Indonesia stock market has finished lower in back-to-back sessions, surrendering more than 130 points or 1.8 percent along the way. The Jakarta Composite Index now sits just above the 6,950-point plateau although it's tipped to open to the upside on Wednesday.
RTTNews | vor 6Std 7 Minuten
Additional Support Tipped For Hong Kong Shares

Additional Support Tipped For Hong Kong Shares

The Hong Kong stock market on Tuesday ended the six-day losing streak in which it had tumbled almost 900 points or 4.7 percent. The Hang Seng Index now sits just beneath the 19,220-point plateau and it may add to its winnings on Wednesday.
RTTNews | vor 6Std 22 Minuten
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Wednesday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up to be just below the 38,500 level, with gains in gains across most sectors led by financial stocks. Technology stocks were the only weak spot.
RTTNews | vor 6Std 24 Minuten
China Shares May Be Stuck In Neutral On Wednesday

China Shares May Be Stuck In Neutral On Wednesday

The China stock market on Tuesday ended the three-day losing streak in which it had retreated almost 70 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,240-point plateau although it may spin its wheels on Wednesday.
RTTNews | vor 6Std 37 Minuten
Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,200 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks. Technology stocks were the only weak spot.
RTTNews | vor 6Std 43 Minuten
Mild Upside Seen For Taiwan Stock Market

Mild Upside Seen For Taiwan Stock Market

The Taiwan stock market on Tuesday halted the four-day losing streak in which it had stumbled more than 1,150 points or 4.3 percent. The Taiwan Stock Exchange now rests just shy of the 22,800-point plateau and it may inch higher again on Wednesday.
RTTNews | vor 7Std 7 Minuten