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DAX Little Changed With German Politics In Focus

RTTNews | 11ч 6мин назад

DAX Little Changed With German Politics In Focus

(RTTNews) - German stocks were little changed on Friday after posting sharp gains in the previous session.

Politics were in focus, with opposition leader Friedrich Merz accusing Chancellor Olaf Scholz of seeking to delay an early election until March purely for party political advantage.

Merz not only rejected Scholz's approach and reiterated his demand for a January vote, given that Europe's biggest economy urgently needs additional measures to restore meaningful growth.

The benchmark DAX was marginally lower at 19,344 after rallying 1.7 percent in the previous session.

Telecom service provider Freenet surged 6.2 percent after lofting its full-year outlook.

Property firm Deutsche Wohnen edged up slightly after narrowing its nine-month loss.

Channel powerhouse Bechtle AG dropped half a percent after reporting a fall in Q3 profit.

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Bay Street Likely To Open On Negative Note

Bay Street Likely To Open On Negative Note

Lower Canadian and U.S. stock futures, weak commodity prices and European stocks point to a negative start for the Canadian market Friday morning. The focus will be on Canadian employment data.

RTTNews | 7ч 17мин назад

Pound Falls Following BoE Rate Cut

Pound Falls Following BoE Rate Cut

The British pound weakened against other major currencies in the European session on Friday, after the Bank of England cut interest rates as expected but signaled stickier inflation.

RTTNews | 8ч 17мин назад

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | 9ч 10мин назад

Sensex, Nifty End Marginally Lower

Sensex, Nifty End Marginally Lower

Indian shares moved in a narrow range before finishing marginally lower on Friday after a busy week of central bank meetings and Donald Trump's victory in the U.S. presidential election.

RTTNews | 9ч 32мин назад

Richemont H1 Profit Hits On Weak China Demand; Stock Dips

Richemont H1 Profit Hits On Weak China Demand; Stock Dips

Shares of Compagnie Financiere Richemont AG were losing around 4 percent in the morning trading in Switzerland after the Swiss luxury goods group reported Friday sharply lower profit in its first half with wider loss from discontinued operations as well as slightly lower sales. Weak demand in Asia Pacific, mainly China, offset improved performance in all other regions.

RTTNews | 10ч 19мин назад

European Shares Slide As China Approves $838bn Debt Swap

European Shares Slide As China Approves $838bn Debt Swap

European stocks drifted lower on Friday as China's top legislative body - the National People's Congress (NPC) - approved the State Council's proposal to increase local government debt limit by $838 billion after a week-long session.

RTTNews | 10ч 27мин назад

FTSE 100 Drifts Lower In Lackluster Trade

FTSE 100 Drifts Lower In Lackluster Trade

U.K. stocks were subdued on Friday, a day after the Bank of England cut interest rates as expected but signaled stickier inflation.

RTTNews | 10ч 40мин назад

CAC 40 Edges Lower As Investors React To China's Stimulus Announcement

CAC 40 Edges Lower As Investors React To China's Stimulus Announcement

French stocks were little changed on Friday as China's top legislative body - the National People's Congress (NPC) - approved the State Council's proposal to increase local government debt limit by $839 billion after a week-long session.

RTTNews | 10ч 52мин назад

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