DAX Rallies On China Optimism

RTTNews | 1106 hari yang lalu
DAX Rallies On China Optimism

(RTTNews) - German stocks rallied on Friday after China reported improved economic data and the People's Bank of China said that it was cutting the amount of cash that banks need to have on hand by 25 basis points. It was the second reserve requirement ratio cut this year since one in March.

The benchmark DAX was up 160 points, or 1 percent, at 15,965 after gaining 1 percent in the previous session.

Banks Commerzbank and Deutsche Bank were seeing modest gains, a day after the European Central Bank signaled its latest interest rate hike could be its last.

Automaker Renault rose 1.6 percent on expectations that it could gain if the EU imposed tariffs on Chinese electric car imports.

Bayer rose 1.1 percent on news that its new CEO plans to cut management jobs as part of efforts to overhaul the embattled industrial group.

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European Shares Seen Steady At Open

European Shares Seen Steady At Open

European stocks are seen opening higher on Friday after U.S. markets recovered from earlier losses to end little changed overnight on hopes for a resumption of U.S.-Iran talks.
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Indian Shares Struggle For Direction In Early Trade

Indian Shares Struggle For Direction In Early Trade

Indian shares were little changed in early trade on Friday after falling sharply in the previous session on concerns over rising oil prices and bond yields in international markets.
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Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintaining its early losses in mid-market moves on Friday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,700 level, with weakness in mining, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 4 jam 16 menit yang lalu
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as continued surge in crude oil prices and bond yields raise concerns about inflation risk and interest rate hikes. The lack of clarity about peace talks for the resolution of the Middle East conflict is also weighing on market sentiment. Asian markets ended mostly lower on Thursday.
RTTNews | 4 jam 56 menit yang lalu
Thai Stock Market May See Continued Consolidation

Thai Stock Market May See Continued Consolidation

The Thai stock market on Thursday wrote a finish to the five-day winning streak in which it had jumped almost 50 points or 3.1 percent. The Stock Exchange of Thailand now sits just above the 1,600-point plateau and it's likely to open to the downside again on Friday.
RTTNews | 6 jam 8 menit yang lalu
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese market is trading modestly higher on Friday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up to near the 65,750 level, with gains in index heavyweights, financial and technology stocks.
RTTNews | 6 jam 20 menit yang lalu