DAX Rises As SAP Raises Annual Outlook

RTTNews | vor 35 Tagen
Stocktwits
DAX Rises As SAP Raises Annual Outlook

(RTTNews) - German stocks traded higher on Tuesday after software giant SAP raised its full-year targets on a strong cloud business in the third quarter.

The benchmark DAX was up 86 points, or 0.4 percent, at 19,548 after declining 1 percent in the previous session.

SAP jumped 5.5 percent after raising its full-year outlook.

Automakers BMW, Mercedes Benz and Volkswagen were seeing modest gains even as industry data showed Europe's new car registrations declined for the second straight month in September due to the fall in sales across France, Germany and Italy.

New car sales decreased 6.1 percent in September from a year ago, according to data published by the European Automobile Manufacturers' Association.

However, this was much slower than the 18.3 percent fall posted in August.

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Australian Market Notably Higher

Australian Market Notably Higher

Australian stock market is trading notably higher on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 moving to a tad below the 8,400 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and energy stocks.
RTTNews | vor 5Std 7 Minuten
Hang Seng May Add To Its Winnings On Wednesday

Hang Seng May Add To Its Winnings On Wednesday

The Hong Kong stock market on Tuesday ended the three-day slide in which it had stumbled more than 550 points or 3 percent. The Hang Seng Index now sits just beneath the 19,160-point plateau and it may extend its gains on Wednesday.
RTTNews | vor 5Std 16 Minuten
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market has moved lower in three straight sessions, slipping just 10 points or 0.3 percent in that span. The Shanghai Composite now sits just beneath the 3,260-point plateau although it's likely to halt its slide on Wednesday.
RTTNews | vor 5Std 31 Minuten
Australia Construction Work Climbs 1.6% In Q3

Australia Construction Work Climbs 1.6% In Q3

The value of construction work done in Australia was up a seasonally adjusted 1.6 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$73.344 billion.
RTTNews | vor 5Std 55 Minuten
Renewed Support Anticipated For Taiwan Stock Market

Renewed Support Anticipated For Taiwan Stock Market

The Taiwan stock market on Tuesday snapped the two-day winning streak in which it had jumped almost 400 points or 1.8 percent. The Taiwan Stock Exchange now rests just beneath the 22,680-point plateau although it's expected to bounce higher again on Wednesday.
RTTNews | vor 6Std 1 Minuten
Singapore Shares: Support Expected At 3,700 Points

Singapore Shares: Support Expected At 3,700 Points

The Singapore stock market has moved lower in back-to-back sessions, dropping almost 35 points or 0.9 percent along the way. The Straits Times Index now sits just above the 3,710-point plateau although it's expected to stop the bleeding on Wednesday.
RTTNews | vor 6Std 31 Minuten
Win Streak May Continue For Malaysia Stock Market

Win Streak May Continue For Malaysia Stock Market

The Malaysia stock market has moved higher in three straight sessions, collecting almost 16 points or 1.1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau and it may add to its winnings on Wednesday.
RTTNews | vor 7Std 1 Minuten
Rebound Tipped For South Korea Stock Market

Rebound Tipped For South Korea Stock Market

The South Korea stock market on Tuesday ended the two-day winning streak in which it had advanced more than 50 points or 2 percent. The KOSPI now sits just above the 2,520-point plateau although it's expected to see renewed support on Wednesday.
RTTNews | vor 7Std 31 Minuten
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