Before the Pentecost weekend, the Dax had gained something again. The Dax gained 0.30 percent on Friday afternoon to 15,841.40 points. After the price slide in the middle of the week due to the US debt dispute, it is currently down by around 2.7 percent on a weekly basis. Seven days ago it had reached a record high of 16,331 points. The MDax for medium-sized companies was up 0.08 percent on Friday at 26,807.59 points. The EuroStoxx 50 gained around 0.6 percent.
Before the Pentecost weekend, the Dax had gained something again. The Dax gained 0.30 percent on Friday afternoon to 15,841.40 points. After the price slide in the middle of the week due to the US debt dispute, it is currently down by around 2.7 percent on a weekly basis. Seven days ago it had reached a record high of 16,331 points. The MDax for medium-sized companies was up 0.08 percent on Friday at 26,807.59 points. The EuroStoxx 50 gained around 0.6 percent.
On Friday, the TV company ProSiebenSat.1 was keeping an eye on quarterly figures, which slipped into the red at the start of the year due to the persistently weak TV advertising business. ProSiebenSat.1 initially lost significantly, most recently 0.6 percent.
According to a “Spiegel” report, the papers of the armaments electronics specialist Hensoldt temporarily fell by more than twelve percent, but recently reduced the minus to 6.4 percent. In the Hensoldt fairway, Rheinmetall also lost 1.9 percent.
Analyst comments also caused movement, for example in the papers of the wind power group Nordex. Buoyed by a buy recommendation from Societe Generale, they gained 2.2 percent. A buy vote by Hauck Aufhäuser Investment Banking helped the shares of the IT consultant and cloud specialist GFT Technologies rise again with a plus of 3.7 percent.
Papers from Siltronic and Süss Microtec expanded their previous day’s gains by 5.1 and 3.1 percent, respectively. Nvidia’s strong outlook got semiconductor stocks rolling the day before and continues to provide momentum.
The euro cost 1.0739 US dollars in the afternoon. On Thursday, the price had slipped to its lowest level in over two months at $1.0707. The European Central Bank (ECB) last set the reference rate at $1.0735 on Thursday.
On the bond market, the current yield rose from 2.51 percent on the previous day to 2.54 percent. The Rex pension index fell by 0.28 percent to 124.95 points. The Bund future rose by 0.02 percent to 133.08 points.
Source: Stern
