In the clouded stock market environment, the price recovery on the German stock market is fragile on Monday morning. After a clearer initial plus, the Dax was recently listed 0.32 percent higher at 15,147 points.
In the clouded stock market environment, the price recovery on the German stock market is fragile on Monday morning. After a clearer initial plus, the Dax was recently listed 0.32 percent higher at 15,147 points.
Rising yields on the bond market and the Ukraine-Russia crisis are currently considered the greatest burdens.
The MDax of medium-sized titles advanced by 0.11 percent to 33,118 points. The EuroStoxx 50, the leading index for the euro zone, was 0.3 percent higher.
In the Dax, online titles such as Hellofresh, Delivery Hero and Zalando recovered with price increases of up to 2.6 percent.
Aurubis started the new fiscal year with a surge in profits. The copper and metal recycling group is benefiting from the high demand for raw materials, also in the course of the digitalization of the world and growing electromobility. This causes high copper prices. Aurubis gained 2.8 percent in the MDax. In mid-January, Hamburg had raised the annual forecast. The stock then rose to a record high.
Ceconomy fell by 8.3 percent in the SDax according to quarterly figures. The electronics retailer did worse than expected across the board, said a broker.
The takeover of Aareal Bank by financial investors Advent and Centerbridge is off the table. The minimum acceptance threshold of 60 percent had not been reached, their special purpose entity Atlantic BidCo announced on Friday evening after the stock market closed. The offer has therefore expired and will be reversed. Aareal shares lost 5.6 percent. Washtec went up 5.3 percent.
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.
