Dax stable ahead of figures from trendsetter Nvidia. Cyclical stocks in demand on the German market - i.e.

stocks that are more dependent on economic developments. In the Dax, this was reflected in price increases of up to 2.4 percent for securities from the automotive industry such as Mercedes-Benz, BMW, Porsche and Volkswagen. Fresenius was also in focus with annual figures. Analysts criticized the healthcare group’s cautious forecasts for 2024. Repligen's business outlook, which was weaker than experts expected, dragged down Sartorius's assets.