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Dax gives in slightly

2021-07-14T10:26:55.550Z


The Dax almost maintained its high level on Wednesday. The German benchmark index was just in the red in the morning. Most recently it fell by 0.08 percent to 15,777.65 points.


The Dax almost maintained its high level on Wednesday.

The German benchmark index was just in the red in the morning.

Most recently it fell by 0.08 percent to 15,777.65 points.

Frankfurt / Main - He remains in sight of the record high, which he had only reached two days ago with 15,806 points.

The MDax was a little stronger on Wednesday lunchtime by 0.37 percent to 34,789.93 meters.

The agenda on Wednesday is otherwise shaped by business figures from some US banks. After rivals JPMorgan and Goldman Sachs started the reporting season the day before, Bank of America, Wells Fargo and Citigroup are now on the agenda. In the course of this, eyes in this country also remained on the banks. The environment was friendly, the Deutsche Bank shares recovered from their previous day's weakness by 1.1 percent among the best DAX values.

The shares of Hugo Boss are continuing their strong run so far this year with an increase of more than six percent at times, which recently flattened to around three percent. In view of the subsided pandemic, the fashion group dares to make an annual forecast that was well received. In the second quarter, the group achieved a significant jump in sales and earnings compared to the same period in the previous year, which was heavily influenced by the corona pandemic.

Steel shares were also conspicuous: the shares of Klöckner & Co, Salzgitter and Thyssenkrupp were among the favorites in their MDax and SDax indices, with gains of between 1.2 and 4.1 percent. Here, an analyst vote made investors more courageous. Alan Spence from the analyst firm Jefferies increased his operating profit expectations and sticks to his buy recommendation for all three stocks after the recent mixed price development. dpa

Source: merkur

All news articles on 2021-07-14

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