DAX Rallies As Trump Claims Victory

RTTNews | 76 dni temu
DAX Rallies As Trump Claims Victory

(RTTNews) - German stocks rose sharply on Wednesday as U.S. Republican candidate Donald Trump appeared to be heading for a return to the White House after claiming victory in several key battleground states.

Investors were also reacting to data that showed Germany's factory orders rebounded in September on strong growth in aircraft and other transport equipment orders.

Factory orders advanced 4.2 percent on a monthly basis in September, in contrast to the revised 5.4 percent decline in August, Destatis reported.

Economists had forecast orders to grow moderately by 1.6 percent after September's initially estimated decline of 5.8 percent.

The benchmark DAX was up 270 points, or 1.4 percent, at 19,526 after rising 0.6 percent in the previous session.

Siemens Healthineers jumped almost 8 percent after the medical technology company reported revenue growth and full year adjusted earnings before interest and taxes (EBIT) in line with estimates.

Evotec SE, a pharmaceutical drug discovery and development company, slumped 12.2 percent after reporting declines in revenues and profits in the first nine months of the year.

Sports brand PUMA fell 2.5 percent after Q3 sales came in below expectations. Chemical and consumer-goods firm Henkel rose 1.2 percent after reiterating its FY24 sales and earnings guidance.

Automaker BMW plunged 5 percent on reporting a 61 percent drop in its quarterly third-quarter profit.

Software developer TeamViewer lost nearly 10 percent after trimming its revenue forecast.

read more
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the positive cues from European markets and lack of cues from Wall Street overnight, as markets reacted positively to US President Donald Trump's decision not to impose China-specific tariffs on his first day in office. However, there were hints from Trump about potential 25 percent tariffs on Canada and Mexico as early as February 1.
RTTNews | 5g 46 minut temu
Australian Market Halves Early Gains In Mid-market

Australian Market Halves Early Gains In Mid-market

The Australian stock market halved its early gains in mid-market trading on Tuesday, but still extending the gains in the previous session, following the positive cues from European markets. The benchmark S&P/ASX 200 index is moving to near the 8,400.00 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
RTTNews | 6g 20 minut temu
Sensex, Nifty Seen Opening Higher In Cautious Trade

Sensex, Nifty Seen Opening Higher In Cautious Trade

Indian shares are seen opening higher on Tuesday as U.S. President Donald Trump did not immediately impose China-specific tariffs as previously promised during his first day in office.
RTTNews | 6g 30 minut temu
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from European markets and lack of cues from Wall Street overnight. The Nikkei 225 is moving up to near the 39,000 mark, with gains some index heavyweights, automakers and technology stocks.
RTTNews | 7g 27 minut temu
Australian Market Sharply Higher

Australian Market Sharply Higher

The Australian stock market is trading sharply higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains across most sectors led by mining, financial and technology stocks.
RTTNews | 7g 50 minut temu
TSX Ends Higher For 5th Straight Session

TSX Ends Higher For 5th Straight Session

The Canadian market closed higher on Monday, extending gains to a sixth straight session, reacting to news that the Trump administration will hold off on imposing trade tariffs for now.
RTTNews | 10g 38 minut temu
Canadian Stocks Remain Firmly Positive Despite Paring Some Gains

Canadian Stocks Remain Firmly Positive Despite Paring Some Gains

Despite paring some gains, the Canadian market remains firmly place in positive territory Monday afternoon thanks to sustained buying in several stocks from the energy sector. The mood remains positive amid optimism about some interest rate cuts by the Federal Reserve and a few other central banks this year.
RTTNews | 13g 31 minut temu
Swiss Market Closes On Firm Note

Swiss Market Closes On Firm Note

Despite a mid-session setback, the Switzerland market closed on a firm note on Monday, in line with markets across Europe, as investors reacted positively to news that the Trump administration would hold off on imposing trade tariffs for now.
RTTNews | 14g 29 minut temu