DAX Gains Ahead Of PMI Data

RTTNews | vor 22Std 52 Minuten
DAX Gains Ahead Of PMI Data

(RTTNews) - German stocks inched higher on Wednesday ahead of German and Eurozone final composite PMI data due later in the day.

The German composite indicator is set to match the initial reading of 47.3 in November, down from 48.6 in the previous month.

Economists expect Eurozone final composite PMI to drop to 48.1 in November from 50.0 in the previous month.

The benchmark DAX was up 116 points, or 0.6 percent, at 20,133 after gaining 0.4 percent to close at a record high the previous day.

BMW, Mercedes Benz and Volkswagen were up between half a percent and 1 percent as many auto companies announce restructuring efforts amid high operating costs and slumping demand.

Lender Commerzbank rallied 1.5 percent and peer Deutsche Bank was up 0.7 percent.

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Japanese Market Significantly Higher

Japanese Market Significantly Higher

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RTTNews | vor 5Std 20 Minuten
Win Streak May Continue For Indonesia Stock Market

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Australian Market Modestly Higher

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RTTNews | vor 6Std 10 Minuten
Hong Kong Shares May Bounce Higher On Thursday

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RTTNews | vor 6Std 22 Minuten
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RTTNews | vor 6Std 37 Minuten
Higher Open Anticipated For Taiwan Stock Market

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RTTNews | vor 7Std 7 Minuten