DAX Edges Higher As Industrial Output Recovers
(RTTNews) - German stocks were seeing modest gains on Monday after data showed German industrial production recovered at a faster than expected pace in November.
Industrial output grew 0.2 percent from October, when output was down by revised 0.4 percent, Destatis said. Production was expected to gain 0.1 percent.
The benchmark DAX was up 31 points, or 0.2 percent, at 14,640 after rallying 1.2 percent on Friday.
Rate-sensitive tech stocks traded higher, with Infineon rising half a percent.
Nordex AG, a wind turbine maker, jumped nearly 2 percent after saying it had received an order from a utility in the end of 2022 to supply and install ten N149/4.X turbines for a wind farm in North-Rhine Westphalia, Germany.
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Sensex, Nifty Drift Lower In Early Trade
Indian shares were a tad lower on Thursday amid the impending expiry of the weekly options of Nifty 50 contracts and the RBI's interest-rate decision on Friday.
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5h 26min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as concerns over a global trade war eased amid amicable measures from both the US and China. A notable move to the downside by treasury yields also aided the markets' upside. Asian Markets closed mixed on Wednesday.
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6h 16min ago
Australian Market Extends Gains In Mid-market
The Australian market in extending its early gains in mid-market moves on Thursday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up above the 8,500 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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7h 8min ago
Sensex, Nifty Seen Higher At Open; RBI Meeting Eyed
Indian shares are seen opening higher on Thursday amid easing trade war fears and falling oil prices on demand concerns and data showing a large build in U.S. crude and gasoline stockpiles.
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7h 18min ago
Bargain Hunting Expected To Boost Thai Stock Market
The Thai stock market has finished lower in six straight sessions, sinking more than 60 points or 4.4 percent along the way. The Stock Exchange of Thailand now sits just above the 1,285-point plateau and it's overdue for support on Thursday.
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7h 48min ago
Indonesia Stock Market Tipped To Rebound On Thursday
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had stumbled more than 180 points or 2.6 percent. The Jakarta Composite Index now sits just above the 7,020-point plateau and it figures to bounce higher again on Thursday.
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8h 18min ago
Japanese Market Notably Higher
The Japanese market is trading notably higher on Thursday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,000 mark, with gains in some index heavyweights and technology stocks.
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8h 22min ago
Higher Open Called For China Stock Market
Bisected by the long Lunar New Year break, the China stock market has moved lower in two straight sessions, shedding me than 30 points or 1 percent in that span. The Shanghai Composite Index now rests just beneath the 3,230-point plateau although it's likely to cut into those losses on Thursday.
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8h 33min ago
