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, ROUNDUP / Aktien Frankfurt Conclusion: Dax runs out of power at a high level | message, Forex-News, Forex-News
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ROUNDUP / Aktien Frankfurt Conclusion: Dax runs out of power at a high level | message

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, ROUNDUP / Aktien Frankfurt Conclusion: Dax runs out of power at a high level | message, Forex-News, Forex-News


, ROUNDUP / Aktien Frankfurt Conclusion: Dax runs out of power at a high level | message, Forex-News, Forex-News

FRANKFURT (dpa-AFX) – The German stock market presented itself on Tuesday. Neither solid German economic data nor price records on the US stock exchanges tore investors out of their lethargy. The leading index Dax (DAX 30) hovered around the previous day’s closing price all day. At the end of trading, there was a minus of 0.32 percent to 14 064.60 points. This means that the record high of last week remains within reach.

The economic expectations of German financial experts surprisingly brightened in February. Contrary to expectations, the mood barometer of the Mannheim research institute ZEW rose to its highest level since September 2020. However, this did not induce investors to buy shares. “Investors currently lack more than 14,000 DAX points to get even further into the stock market,” said analyst Jochen Stanzl from the trading company CMC Markets.

The MDAX of medium-sized stocks once again overtook the Dax and rose above the 33,000 point mark for the first time. Most recently, the profit was 0.41 percent on 33 042.33 counters. The SDAX small cap index also reached a record high, but was ultimately unable to maintain its profits.

In the Dax, adidas were among the losers with a minus of 0.8 percent. Once again, the rate turned out to be too high at just under 300 euros. A retailer also referred to a negative colored report in the “Handelsblatt” on the new strategy of the sporting goods manufacturer. A buy recommendation from the Bank Credit Suisse, on the other hand, helped the papers of Deutsche Brse (Deutsche Brse) to top the Dax with a plus of 1.8 percent.

In the MDax, the shares of Siemens Energy enjoyed further popularity with a plus of 3.9 percent, as did the shares in the laboratory supplier Sartorius (Sartorius vz), which rose by 1.9 percent and temporarily passed the 500 euro mark for the first time. The top score in the MDax was Varta with an increase of 4.3 percent.

With a price rally of almost ten percent in the SDAX, the stocks of the laser specialist LPKF (LPKF LaserElectronics) benefited from new consolidation fantasy in the industry. Another takeover offer for the US laser manufacturer Coherent, which has been traded as a takeover candidate for some time, turned out to be the price driver.

Hapag-Lloyd shares jumped more than 13 percent. After 2020, the container shipping company expects a significant increase in profits for the new year as well.

There was hardly any movement on the major European stock exchanges on Tuesday either. The leading Eurozone index EuroStoxx 50 (EURO STOXX 50) closed 0.21 percent lower at 3726.40 points. In Paris and London, the CAC 40 and the FTSE 100 respectively closed near their closing prices on the previous day. In the USA, the Dow Jones Industrial was also barely changed at close of trading in Europe.

The euro fell, trading at $ 1.2114 that evening. The European Central Bank (ECB) had previously set the reference rate at $ 1.2143.

The current yield on the bond market remained at minus 0.41 percent. The Rex bond index (REX total price index) fell by 0.02 percent to 145.19 points. The Bund future fell by 0.23 percent to 174.78 points in the evening./bek/he

— By Benjamin Krieger, dpa-AFX —



, ROUNDUP / Aktien Frankfurt Conclusion: Dax runs out of power at a high level | message, Forex-News, Forex-News

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, ROUNDUP / Aktien Frankfurt Conclusion: Dax runs out of power at a high level | message, Forex-News, Forex-News

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