The Dax has expanded its moderate previous day’s profits and reached a record high in the course of trading. Most recently, the leading German index rose by 0.12 percent to 16,102.18 points.
The Dax has expanded its moderate previous day’s profits and reached a record high in the course of trading. Most recently, the leading German index rose by 0.12 percent to 16,102.18 points.
Overall, however, the movements remained within narrow limits on Friday. The MDax of the medium-sized stock market stocks fell on Friday by 0.35 percent to 35,830.28 points. In contrast, the leading Eurozone index EuroStoxx 50 rose slightly.
In this country, the reporting season for companies continued to be a topic of conversation. The shares of Deutsche Telekom rose by two and a half percent. The continued booming business on both sides of the Atlantic motivated the telecommunications company to raise its forecast for the operating result for the third time this year. The Bonn-based company had already made investors happy the evening before: They want to increase the dividend more than experts had expected.
At the top of the Dax, Delivery Hero’s shares rose by more than four percent. The reactions of the experts to the quarterly figures of the delivery service from the previous day were positive.
The truck and train brake manufacturer Knorr-Bremse becomes a little more pessimistic about the results after the third quarter due to supply chain problems and project delays. With that, the papers at the MDax end lost around five percent.
The shares of the steel group Salzgitter sagged after the publication of the final quarterly figures by more than five percent and were among the biggest losers in the SDax small cap index. The day before, according to an optimistic study by the major Swiss bank UBS, the shares had risen by more than four percent. Salzgitter confirmed the outlook for the year.
The euro fell a little further and last cost 1.1447 US dollars. The ECB set the reference rate on Thursday at 1.1460 (Wednesday: 1.1558) dollars. The dollar cost 0.8726 (0.8652) euros.
The current yield on the bond market remained at minus 0.35 percent. The Rex bond index fell 0.06 percent to 144.59 points. The Bund future recently gained 0.15 percent to 170.66 points.
Source From: 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.
