DAX Edges Higher On China Stimulus Optimism

RTTNews | 93 days ago
DAX Edges Higher On China Stimulus Optimism

(RTTNews) - German stocks traded slightly higher on Monday after a measure of China's consumer inflation unexpectedly decelerated in November and factory deflation eased, raising hopes for more proactive fiscal and monetary policies next year to boost domestic consumption.

The Politburo, a top decision-making body led by President Xi Jinping, said today it will stabilize property and stock markets while strengthening the "unconventional counter-cyclical" adjustment.

The benchmark DAX was up 24 points, or 0.1 percent, at 20,409 after closing up 0.1 percent on Friday.

Meal-kit company HelloFresh plunged more than 7 percent after reports of a U.S. probe over allegations of child labor.

Laboratory and pharmaceutical supplier Sartorius gained 1.1 percent after naming a new CEO.

Stabilus jumped 3 percent despite the machinery industry company reporting a fall in profit for fiscal 2024.

CompuGroup Medical soared 31 percent. The provider of healthcare software said it is in advanced talks to be acquired by CVC Capital Partners.

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European Shares Climb After Ukraine's Ceasefire Agreement

European Shares Climb After Ukraine's Ceasefire Agreement

European stocks advanced on Wednesday after Ukraine signaled its readiness to accept a U.S. proposal for an "immediate, interim 30-day ceasefire" with Russia, and the European Union announced retaliatory tariffs on U.S. imports of steel and aluminum.
RTTNews | 4h 30min ago
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the negative cues from Wall Street overnight, as traders remain cautious amid the rising uncertainty around U.S. President Donald Trump's trade policies and the outlook for inflation and economic growth due to the ongoing trade war. Traders also look to pick up some stocks at reduced levels following the recent slump in the markets.
RTTNews | 9h 59min ago
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintaining its early losses in mid-market trading on Wednesday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 7,800 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors led by iron ore miners and financial stocks. Gold stocks were the only bright spot.
RTTNews | 10h 34min ago
Sensex, Nifty Seen Flat To Higher At Open

Sensex, Nifty Seen Flat To Higher At Open

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RTTNews | 10h 50min ago
Thai Stock Market May See Renewed Selling Pressure

Thai Stock Market May See Renewed Selling Pressure

The Thai stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day slide in which it had tumbled almost 40 points or 3.2 percent. The Stock Exchange of Thailand now sits just above the 1,185-point plateau although it figures to head south again on Wednesday.
RTTNews | 11h 28min ago