DAX Rises Led By Banks
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(RTTNews) - German stocks opened higher on Monday amid expectations that the U.S. Federal Reserve may be able to hold interest rates steady in September.
The benchmark DAX was up 101 points, or 0.7 percent, at 15,732 after finishing marginally higher on Friday.
Banks rallied, with Commerzbank rising 1.4 percent and Deutsche Bank adding more than 2 percent, after ECB president Christine Lagarde on Friday called for higher-for-longer interest rates to achieve the central bank's key objective of bringing inflation back to its 2 percent target.
China-exposed automakers were rising, with BMW, Mercedes Benz and Volkswagen all gaining around half a percent, after China announced new measures to its struggling stock market.
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Rally May Stall For Thai Stock Market
The Thai stock market has moved higher in five straight sessions, collecting almost 50 points or 3.1 percent in that span. The Stock Exchange of Thailand now sits just above the 1,610-point plateau although it's likely to open to the downside on Thursday.
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Indonesia Stock Market May Turn Lower Again On Thursday
The Indonesia stock market on Wednesday ended the three-day slide in which it had tumbled almost 190 points or 3 percent. The Jakarta Composite Index now sits just beneath the 6,375-point plateau although it may head south again on Thursday.
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Japanese Market Sharply Higher
The Japanese market is sharply higher in post-holiday trading on Thursday, extending the gains in the previous three sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 66,150 level, with gains in index heavyweights, exporters and technology stocks partially offset by weakness in financial stocks.
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Hong Kong Stock Market May Take Further Damage On Thursday
The Hong Kong stock market halted the three-day winning streak in which it had jumped more than 480 points or 1.9 percent. The Hang Seng Index now sits just above the 24,830-point plateau and it's tipped to open in the red again on Thursday.
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China Stock Market May Extend Wednesday's Losses
The China stock market on Wednesday wrote a finish to the three-day winning streak in which it had advanced more than 75 points or 1.7 percent. The Shanghai Composite Index now sits just above the 3,935-point plateau and the losses may accelerate on Thursday.
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Japan Manufacturing PMI Slows To 54.1 In September - S&P Global
The manufacturing sector in Japan continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 54.1.
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Australian Market Sharply Lower
The Australian market is sharply lower on Thursday, snapping a three-session winning streak, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,650 level, with weakness in mining, financial and technology stocks partially offset by energy stocks.
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1 jam 52 menit yang lalu
Taiwan Stock Market Overdue For Profit Taking
The Taiwan stock market has tracked higher in six straight sessions, surging more than 3,250 points or 7.2 percent along the way. The Taiwan Stock Exchange now sits just above the 48,150-point plateau although investors are likely to cash in on Thursday.
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