DAX Rises On Solid GDP Data

RTTNews | 1477 days ago
Stocktwits
DAX Rises On Solid GDP Data

(RTTNews) - German stocks advanced on Thursday after GDP data for second quarter came in better than expected, lifted by household and government spending.

German GDP grew 0.1 percent sequentially and 1.8 percent year-on-year, beating expectations for stagnation in the three months to June, data showed.

Additionally, the country's Ifo business confidence fell in August but topped expectations.

The European Central Bank releases the accounts of the monetary policy meeting of the governing council held on July 20 and 21 later today that are likely to sound hawkish.

The benchmark DAX climbed 95 points, or 0.7 percent, to 13,315 after gaining 0.2 percent the previous day.

Online food-delivery firm Delivery Hero fell 2.3 percent after posting a wider loss for the first-half.

Evotec AG gained 1 percent. The drug maker said that it is acquiring Central Glass Germany GmbH from the Japanese chemical maker, Central Glass Co. Ltd.

Stocktwits
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Lower Open Called For Taiwan Stock Market

Lower Open Called For Taiwan Stock Market

The Taiwan stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had advanced almost 1,475 points or 3.5 percent. The Taiwan Stock Exchange now sits just above the 46,940-point plateau and it's looking at another soft start again on Friday.
RTTNews | 32 minutes ago
Singapore Stock Market May Open In The Red

Singapore Stock Market May Open In The Red

The Singapore stock market has finished lower in four straight sessions, slumping almost 110 points or 3.4 percent in that span. The Straits Times Index now sits just beneath the 5,690-point plateau and it figures to open in the red again on Friday.
RTTNews | 1h 1min ago
Malaysia Stock Market May Give Up Support At 1,700 Points

Malaysia Stock Market May Give Up Support At 1,700 Points

The Malaysia stock market has finished lower in three sessions, slipping almost 10 points in that span. The Kuala Lumpur Composite Index now sits just above the 1,700-point plateau and it may take further damage again on Friday.
RTTNews | 1h 31min ago
Japan Stock Market May Head South Again On Friday

Japan Stock Market May Head South Again On Friday

The Japan stock market on Thursday snapped the two-day slide in which it had stumbled more than 1,250 points or 1.9 percent. The Nikkei 225 now sits just above the 65,270-point plateau although it may hand back those gains on Friday.
RTTNews | 1h 46min ago
South Korea Shares May Extend Thursday's Losses

South Korea Shares May Extend Thursday's Losses

The South Korea stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had rallied more than 430 points or 6.1 percent. The KOSPI now sits just above the 7,030-point plateau although it may head south again on Friday.
RTTNews | 2h 1min ago
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