Investors remain nervous on the German stock market. After an initially positive start, the Dax slipped into the red by midday. Most recently, the leading German index lost 0.17 percent and stood at 15,339.14 points.
Investors remain nervous on the German stock market. After an initially positive start, the Dax slipped into the red by midday. Most recently, the leading German index lost 0.17 percent and stood at 15,339.14 points.
On Tuesday, the Dax collapsed by more than two percent in view of concerns about rising inflation and a slowdown in the economic upturn. By the middle of the week, buyers had given the leading German index a little bit of a boost.
The MDax of the medium-sized stock market values also fell back around noon and posted a slight minus of 0.11 percent to 34,483.27 points. The EuroStoxx 50 as the leading index in the Eurozone, on the other hand, was just able to stay in the profit zone.
As was the case recently, corona winners from the medical sector were particularly in demand among the individual values in the Dax. Shares in laboratory supplier Sartorius, pharmaceutical and chemical company Merck and diagnostics company Qiagen and Siemens Healthineers, for example, rose in price by up to two percent.
One of the worst performers in the index were Deutsche Post papers, which have slipped to a low since May, most recently at a discount of just under 1.6 percent.
Papers from Baumarktholding Hornbach shot to a record high after the quarterly figures were presented, most recently a price increase of 11.5 percent was on the display board. The better than expected quarterly figures and a little more optimism on the part of the Board of Management with regard to the annual forecast were convincing here.
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.
