DAX Rises In Cautious Trade
(RTTNews) - German stocks were a tad higher on Tuesday, as rising U.S. stock futures helped outweigh survey results showing that business activity in the eurozone contracted for a second straight month in August.
S&P Global's flash Composite Purchasing Managers' Index (PMI) dropped to 49.2 in August from 49.9 in July, while the PMI for Germany, Europe's biggest economy, fell to 47.6 from July's final reading of 48.1 due to high inflation and rising interest rates.
The benchmark DAX rose 58 points, or 0.4 percent, to 13,288 after plunging 2.3 percent in the previous session.
The euro remained under pressure and breached parity once against the dollar amid a deepening energy crisis in the region.
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Sensex, Nifty Seen Drifting Lower As TCS Misses Revenue Estimates
Indian shares look set to open lower on Friday, with IT stocks likely to be in focus after Tata Consultancy Services (TCS), the country's largest IT services firm, missed estimates on both revenue and profit fronts.
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5h 8min ago
Japanese Market Notably Lower
Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.
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5h 17min ago
Australian Market Notably Lower
The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
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5h 41min ago
Higher Open Called For Thai Stock Market
The Thai stock market has moved lower in consecutive trading days, surrendering almost 30 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although it nay see bargain hunting on Friday.
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5h 44min ago
Mild Upside Seen For Indonesia Stock Market
The Indonesia stock market has moved lower in two straight sessions, slipping almost 20 points or 0.3 percent along the way. The Jakarta Composite Index now sits just above the 7,060-point plateau although it's expected to open in the green on Friday.
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6h 14min ago
Hong Kong Stock Market May Stop The Bleeding On Friday
The Hong Kong stock market has finished lower in four straight sessions, retreating more than 520 points or 2.8 percent along the way. The Hang Seng Index now sits just above the 19,240-point plateau although it's due for support on Friday.
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6h 29min ago
Japan Household Spending Slips 0.4% On Year In November
The average of household spending in Japan was down 0.4 percent on year in November, the Ministry of Internal Affairs and Communications said on Friday - coming in at 295,518 yen.
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6h 37min ago
China Stock Market May Reverse Thursday's Losses
The China stock market on Thursday wrote a finish to the two-day winning streak in which it had improved almost 25 points or 0.8 percent. The Shanghai Composite Index now sits just above the 3,210-point plateau although it may tock back to the upside on Friday.
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6h 44min ago
