FRANKFURT (dpa-AFX)

-------------------------------------------------------------------------------

SHARES

-------------------------------------------------------------------------------

GERMANY: - STABLE AFTER SELL-OFF - After the recent sell-off in the Dax, there are signs of stabilization on Tuesday. Broker IG priced the leading German index 0.78 percent higher at 17,475 points a good two hours before the Xetra start. Very weak global stock markets in the face of recession worries in the USA had not spared the Dax on Monday, but the round mark of 17,000 points had held. In Japan, the Nikkei-225 leading index, which had fallen by more than twelve percent the previous day, was on the road to recovery on Tuesday. It rose sharply. There were also signs of improvement in the USA on Tuesday after a very weak start to the week.

USA: - SHARP LOSSES - The slide on the US markets continued on Monday. Ongoing concerns about an impending recession in the US caused the broad-based S&P 500 to fall by 3.00% to 5,186.33 points - its biggest daily loss since September 2022. The Dow Jones Industrial benchmark index fell by 2.60% to 38,703.27 points. The technology-heavy Nasdaq 100 index lost 2.96 per cent to 17,895.16 points.

ASIA: - JAPAN RECOVERED - On the stock markets in Tokyo, the Nikkei index for 225 leading stocks recovered after the massive price loss at the beginning of the week. The price barometer recently posted a strong gain of eight percent. On Monday, the index slumped by more than twelve percent, which was followed by significant price losses in other countries as well. The recent sharp rise in the national currency, the yen, had weighed heavily on the share prices of export-dependent Japanese companies. In the meantime, however, the mood has improved in view of a weakening of the yen, according to traders. In China, the movements on Tuesday were less rapid. The tech-heavy Hang Seng Index of the Hong Kong Special Administrative Region rose by 0.5 percent, while the CSI 300, which includes the 300 most important stocks on the Chinese mainland stock exchanges, fell by 0.2 percent.

^

DAX 17339.00 -1.82%

XDAX 17362.19 -1.92%

EuroSTOXX 50 4571.60 -1.45%

Stoxx50 4234.93 -1.99%

DJIA 38703.27 -2.60%

S&P 500 5186.33 -3.00%

NASDAQ 100 17895.16 -2.96%°

-------------------------------------------------------------------------------

BONDS / FOREIGN EXCHANGE / CRUDE OIL

-------------------------------------------------------------------------------

YIELDS:

^

Bund future 134.68 -0.38%°

DEVISES:

^

Euro/USD 1.0954 0.01%

USD/Yen 145.41 0.84%

Euro/Yen 159.27 0.86%°

CRUDE OIL:

^

Brent 77.26 0.96 USD

WTI 74.07 1.13 USD°

/jha/