DAX Holds Steady As Factory Orders Unexpectedly Rise
(RTTNews) - German stocks held steady on Thursday after official data revealed Germany's factory orders grew unexpectedly in July largely due to the surge in demand for transport equipment.
Incoming new orders advanced 2.9 percent on a monthly basis in July following June's revised 4.6 percent expansion, Destatis reported. Orders were forecast to fall 1.6 percent.
On a yearly basis, new orders climbed 3.7 percent, in contrast to the 11.2 percent increase in the prior month.
The benchmark DAX was marginally higher at 18,606 after declining 0.8 percent in the previous session.
Specialty chemicals company Lanxess AG rose nearly 2 percent after Morgan Stanley raised its rating on the stock to "Overweight" from "Underweight".
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Singapore Shares Called Rangebound On Friday
The Singapore stock market on Thursday ended the five-day winning streak in which it had climbed more than 100 points or 1.5 percent. The Straits Tines Index now rests just above the 3,860-point plateau and it's likely to remain in that neighborhood again on Friday.
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5ч 1мин назад
Malaysia Bourse: Support Expected At 1,600 Points
The Malaysia stock market has moved lower in two straight sessions, sinking almost 30 points or 1.9 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,600-point plateau although it's tipped to bounce higher on Friday.
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5ч 31мин назад
Japan Stock Market May Find Traction On Friday
The Japanese stock market has finished lower in two straight sessions, stumbling more than 475 points or 1.3 percent along the way. The Nikkei 225 now rests just above the 39,600-point plateau although it's likely to stop the bleeding on Friday.
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5ч 46мин назад
South Korea Shares May Be Stuck In Neutral On Friday
The South Korea stock market has moved higher five straight sessions, accelerating more than 120 points or 4.8 percent along the way. The KOSPI now sits just above the 2,520-point plateau although it's due for profit taking on Friday.
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6ч 1мин назад
Japan Household Spending Data Due On Friday
Japan will on Friday release November numbers for household spending, highlighting a light day for Asia-Pacific economic activity. Spending is expected to slip 0.9 percent on month and 0.8 percent on year after rising 2.9 percent on month and falling 1.3 percent on year in October.
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6ч 31мин назад
TSX Ends Marginally Up After Lackluster Session
The Canadian market settled marginally up on Thursday, lifted by gains in materials stocks. Activity was subdued almost right through the day's session as investors largely stayed away on the sidelines, awaiting Canadian and U.S. jobs data, due on Friday.
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6ч 32мин назад
Canadian Market Up Marginally In Lackluster Trade
Canadian stocks are moving in a tight band in lackluster trade on Thursday as investors look for directional clues. Trading volumes are quite thin as U.S. financial markets are closed today in honor of former U.S. President Jimmy Carter, who died in late December at age 100.
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9ч 14мин назад
Swiss Market Ends Modestly Higher
The Switzerland market, which stayed positive save for a few minutes at the start of the session on Thursday, closed modestly higher, in line with markets across Europe.
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10ч 7мин назад
