German Stocks Mostly Subdued In Lackluster Trade

RTTNews | 17 days ago
Stocktwits
German Stocks Mostly Subdued In Lackluster Trade

(RTTNews) - German stocks struggled for support on Monday with investors largely staying cautious, looking for directional clues. The technology sector showed weakness ahead of Nvidia's earnings update.

Investors also awaited details of new US sanctions on Iran following the Trump administration's recent announcement that it will increase economic pressure on Iran and its trading partners.

Investors also looked ahead to U.S. inflation data and the Jackson Hole Symposium later this week for clues about likely interest rate moves from central banks.

The benchmark DAX was up 8.59 points or 0.03% at 26,137.14 nearly half an hour before noon.

Daimler Truck Holding gained 1.5%, Hochtief climbed 1.2% and MTU Aero Engines advanced by a little over 1%.

Brenntag, Heidelberg Materials, BASF, Deutsche Telekom, Continental, Zalando, Adidas, GEA Group, Beiersdorf and Deutsche Boerse posted moderate gains.

Volkswagen drifted lower by 2%. Scout24, BMW, SAP and Infineon Technologies dropped 1%-1.3%, while Bayer, Vonovia, Mercedes-Benz, Fresenius and Rheinmetall lost 0.6%-0.8%.

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 | 29 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 | 59 minutes 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 29min 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 44min 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 | 1h 59min ago
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