DAX Little Changed Ahead Of Key US Inflation Readings
(RTTNews) - German stocks held steady on Tuesday as investors reacted to a slew of earnings and awaited key U.S. inflation data this week for directional cues.
The benchmark DAX was marginally higher at 17,743 after finishing on a flat note the previous day.
Chemicals distributor Brenntag dropped 1.1 percent after lowering its full-year guidance.
Consumer goods group Henkel added half a percent after posting solid second-quarter results with strong gross margin growth.
Evotec rallied 3.6 percent. The drug maker announced significant advancements in its strategic partnership with Bristol Myers Squibb, focusing on developing a pipeline based on molecular glue.
As a result of performance and program-based milestones, Evotec will receive a total of $75 million in payments.
Thyssenkrupp Nucera rose over 2 percent. The global leader in electrolysis technologies reported a 12 percent increase in order intake in Q3 2024.
Meal-kit maker HelloFresh soared 10 percent after its second-quarter results beat estimates.
European Shares Set To Follow Asian Peers Higher
NZ Dollar Slides Against Majors
Australian Dollar Falls Against Majors
Sensex, Nifty Modestly Higher In Early Trade
Asian Markets Mostly Higher
Australian Market Trims Early Gains In Mid-market
Sensex, Nifty Set For Muted Start
