Stock market: Dax rises to a record high of 16,000 points

Enlarge image

The bull is on top:

The German leading index Dax reached a record high of 16,000 points on Friday

Photo: DPA

Record high on the German stock exchange: The German leading index Dax reached a record level on Friday and cracked the round mark of 16,000 points.

After two record days in a row, at the end of the week, the Dax recently advanced by another 0.4 percent

to 16,002 points

.

This is the highest level in its history.

In the USA, the most important indices had already set new records for a few days and were ahead of the leading German index.

Recently, the MDax was hardly changed.

The leading Eurozone index EuroStoxx 50 gained 0.1 percent.

Dax, Dow and stocks at a glance

: Click here to go to the stock market

Takeover offer drives Zooplus up

A takeover offer for Zooplus attracted attention that morning.

The papers of the online retailer for pet supplies shot up by 41 percent to 392.40 euros.

The financial investor Hellman & Friedman is offering Zooplus shareholders € 390 per share in cash.

That is a premium of 40 percent on the Xetra close.

In total, that would be around 2.8 billion euros.

The board of directors and the supervisory board of the SDax group welcomed the planned bid.

Adidas shares asked about Reebok sale

Investors also got into Adidas after the sale of the sporting goods brand Reebok.

The group wants to distribute part of the proceeds to its own shareholders, as a dividend or in the form of a share buyback.

Adidas shares gained 1.8 percent and were thus at the top of the Dax.

Varta disappoints with numbers, Gea starts share buyback

The battery manufacturer Varta disappointed investors with its figures for the first half of the year.

Before the trading session, Tradegate was down almost six percent after stocks had fallen by almost seven percent the day before.

The mechanical and plant engineering company Gea announced a share buyback program.

The shares gained almost one percent on Tradegate compared to their Xetra closing price.

Biontech recovers - possible third vaccination in USA

The Biontech share continued its recovery after its price slide of 20 percent last Wednesday and climbed again above the mark of 320 euros.

Reason for the purchases: In the USA, people with weakened immune systems should be able to get a booster vaccination against the coronavirus.

The FDA announced this on Thursday (local time).

It is particularly about recipients of a donor organ and people who have been diagnosed with a comparable degree of immunodeficiency.

You should then be able to receive a booster vaccination with the vaccines from Moderna or Pfizer / Biontech.

The responsible committee of the CDC health authority should discuss further clinical recommendations for immunocompromised people on Friday, the FDA wrote.

Bitcoin is hovering around the $ 45,000 mark

The cryptocurrency Bitcoin recovered somewhat on Friday.

Most recently, the cyber currency fluctuated just above the $ 45,000 mark.

In the past four weeks, however, Bitcoin has recovered noticeably, with the cryptocurrency falling below the $ 30,000 mark in mid-July.

Asia's stock exchanges hardly changed

The Asian stock markets again failed to follow Wall Street's record hunt on Friday.

Fears about the spread of the delta variant of the coronavirus, especially in Asian countries, depressed investor sentiment.

"The money is only in the US and European markets right now," said Daniel Lam, senior cross-asset strategist at Standard Chartered Wealth Management.

He referred to a strong accounting season in the USA and the high vaccination rates in Europe.

This means that the pace of recovery has been less affected by the spread of the Delta variant, says Lam.

The "recent China regulatory blues" in education and technology also play a role.

Oil prices have fallen

Oil prices fell on Friday.

According to market observers, concerns about measures by leading industrialized countries against the spread of the delta variant of the corona virus have come to the fore again.

A barrel (159 liters) of North Sea Brent cost US $ 70.64 that morning.

That was 67 cents less than the day before.

The price of a barrel of American West Texas Intermediate (WTI) fell 71 cents to $ 68.38.

In many industrialized countries, the number of corona infections is increasing and with it the concerns of investors in the oil market about restrictions on mobility.

Developments in China in particular are being closely monitored.

The second largest economy in the world is one of the largest oil importers in the world and last worried with the closure of an important port due to a corona case.

Most recently, the International Energy Agency (IEA) lowered its forecast for global demand for crude oil this year because of the delta variant.

However, raw materials experts at the US investment bank Goldman Sachs assume that the latest developments in the corona crisis will only temporarily slow demand.

with news agencies