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DAX Holds Steady In Lackluster Trade
(RTTNews) - German stocks were little changed on Friday as trading resumed after the two-day Christmas break.
The benchmark DAX was marginally higher at 19,862.87 while the euro was seeing marginal gains against the U.S. dollar as the year-end approaches.
Banks traded higher, with Commerzbank rising over 1 percent and Deutsche Bank adding half a percent as German Bund yields hit a one-month high in response to a surge in U.S. Treasury yields, following a successful seven-year auction.
Delivery Hero SE shares slumped 6.5 percent. Taiwan has rejected Uber Technologies Inc.'s plan to acquire the German online takeaway food company's Foodpanda local business for $950 million, arguing it would decrease competition.
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Indonesia Shares May Take Further Damage On Wednesday
The Indonesia stock market has moved lower in two straight sessions, sinking almost 85 points or 1.3 percent along the way. The Jakarta Composite Index now sits just beneath the 6,550-point plateau and it's tipped to open in the red again on Wednesday.
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4h 7min ago
Japanese Market Modestly Higher
The Japanese stock market is trading modestly higher on Wednesday, reversing some of the losses in the previous session, despite the negative cues from Wall Street overnight. The Nikkei 225 is moving up to near the 36,900 level, with gains in exporters and financial stocks partially offset by some gains in automaker stocks. Some traders also picked up stocks at a bargain after the recent slump.
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4h 8min ago
Hong Kong Shares May Open Under Water On Wednesday
The Hong Kong stock market has moved lower in three straight trading days, stumbling almost 600 points or 2.6 percent along the way. The Hang Seng Index now rests just above the 23,780-point plateau and the losses may accelerate on Wednesday.
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4h 22min ago
China Stock Market May Head South Again On Wednesday
The China stock market on Tuesday ended the two-day slide in which it had dipped almost 15 points or 0.5 percent. The SCI now sits just beneath the 3,380-point plateau although it's expected to turn lower again.
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4h 37min ago
Australian Market Sharply Lower
Australian shares are trading sharply lower 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.
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4h 38min ago
Oversold Taiwan Bourse Called Lower Again
The Taiwan stock market has finished lower in four straight sessions, shedding almost 800 points or 3.6 percent in that span. The Taiwan Stock Exchange now sits just above the 22,070-point plateau and it figures to open under water again on Wednesday.
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5h 7min ago
Japan Producer Prices Unchanged In February
Producer prices in Japan were flat on a seasonally adjusted monthly basis, the Bank of Japan said on Wednesday.
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5h 32min ago
Losing Streak May Continue For Singapore Stock Market
The Singapore stock market has tracked lower in three straight sessions, sinking almost 100 points or 2.5 percent along the way. The Straits Time Index now sits just above the 3,825-point plateau and it may open under water again on Wednesday.
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5h 37min ago
