The 14,000 point mark on Wednesday proved to be too high a hurdle for the Dax. The leading German index was well below that at 13,847.44 points around noon, recording a minus of 0.45 percent. The day before he had at times approached the round mark up to a good 50 points.
The 14,000 point mark on Wednesday proved to be too high a hurdle for the Dax. The leading German index was well below that at 13,847.44 points around noon, recording a minus of 0.45 percent. The day before he had at times approached the round mark up to a good 50 points.
The MDax of medium-sized companies has lost 0.57 percent to 27,947.22 points in the middle of the week. The Eurozone leading index EuroStoxx 50 fell by 0.3 percent.
The ailing energy group Uniper, which has lost billions in the wake of a lack of Russian gas deliveries, is only seeing improvement in the coming years with its half-year figures in mind. In the first six months, Düsseldorf slipped deep into the red. The titles listed in the MDax fell by more than seven percent. A trader said the final figures were as disastrous as expected.
Delivery Hero fell in the MDax by almost two percent after their high increase the previous day. Other Internet stocks, such as those of the recipe box mailer Hellofresh and the fashion retailer Zalando in the Dax, were also three and a half percent lower.
Real estate values were weak across Europe amid rising interest rates and high inflation. On the German market, Vonovia, TAG Immobilien and Grand City Properties posted price losses of between three and six percent.
Stabilus gained 2.8 percent, which also brightened the technical picture for the shares of the auto supplier. A changed investment recommendation from “Underperform” to “Neutral” for Knorr- Bremse ultimately did not help the papers of the braking system specialist. They quickly went into the red with 1.9 percent most recently.
Source: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
