DAX Little Changed Ahead Of Key US Inflation Readings

RTTNews | il y a 136
Stocktwits
DAX Little Changed Ahead Of Key US Inflation Readings

(RTTNews) - German stocks held steady on Tuesday as investors reacted to a slew of earnings and awaited key U.S. inflation data this week for directional cues.

The benchmark DAX was marginally higher at 17,743 after finishing on a flat note the previous day.

Chemicals distributor Brenntag dropped 1.1 percent after lowering its full-year guidance.

Consumer goods group Henkel added half a percent after posting solid second-quarter results with strong gross margin growth.

Evotec rallied 3.6 percent. The drug maker announced significant advancements in its strategic partnership with Bristol Myers Squibb, focusing on developing a pipeline based on molecular glue.

As a result of performance and program-based milestones, Evotec will receive a total of $75 million in payments.

Thyssenkrupp Nucera rose over 2 percent. The global leader in electrolysis technologies reported a 12 percent increase in order intake in Q3 2024.

Meal-kit maker HelloFresh soared 10 percent after its second-quarter results beat estimates.

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Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders continue to be optimistic about more interest rate cuts by the U.S. Fed next year. They also remain reluctant to make significant moves at the end of the holiday shortened week to start fresh next week. Asian markets ended mixed on Thursday.
RTTNews | il y a 7h 17min
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Friday, but adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,200 level, with gains across most sectors led by mining and technology stocks.
RTTNews | il y a 8h 9min
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening on a muted note Friday following a lackluster session on Wall Street overnight and mixed cues from other Asian markets this morning.
RTTNews | il y a 8h 19min
Japanese Market Significantly Higher

Japanese Market Significantly Higher

Adding to the gains in the previous two sessions, the Japanese stock market is significantly higher on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 39,900 level, with gains across most sectors led by index heavyweights and technology stocks as traders reacted positively to a slew of domestic economic data.
RTTNews | il y a 8h 44min
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