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Stockbrokers in Frankfurt:
The Dax is on the spot
Photo: Arne Dedert / dpa
With moderate growth, the
Dax
rose towards the round mark of 16,000 points on Monday.
So far, however, the leading German index has not been able to overcome it. Around noon it was up 0.42 percent to 15,950 points.
The MDax of medium-sized stock market stocks advanced by 0.47 percent to 34,682 points on Monday.
The leading eurozone index, the EuroStoxx 50, gained half a percent.
Because the stock exchanges in the USA are closed on "Martin Luther King Day" today, there is a lack of important momentum at the start of the week.
Concerns about inflation and interest rates as well as company reports will determine further developments on the stock markets this week.
Siltronic papers under pressure
The papers of the wafer producer Siltronic slipped by almost seven percent due to concerns that the takeover by the Taiwanese chip supplier Globalwafers would fail.
For Wacker Chemie, which has a stake in Siltronic, the minus was limited at around 0.9 percent.
After an outlook for the 2022 financial year, the ailing papers of the IT service provider S&T recovered by almost five percent.
According to allegations by the financial investor Viceroy Research, they had collapsed significantly in mid-December.
Jefferies expert Martin Comtesse sees the signals now being sent as a correspondingly welcome strengthening of trust.
Mainz Biomed shares continue to rally
After the Mainz success story Biontech, another high flyer from Mainz is currently being discovered on the stock exchange: Mainz Biomed. The shares of the cancer screening specialist, which has been listed on the US technology exchange Nasdaq since the beginning of November, continued their price rally with a record on Monday. On the Tradegate trading platform, they gained around 30 percent to 24 euros at the top.
While the year was still young, Mainz Biomed papers on Tradegate have already shot up by 155 percent - underpinned by recent positive news.
In this way, the company had secured access to novel mRNA biomarkers that could potentially supplement the ColoArt colorectal cancer test in the future.
In addition, Mainz Biomed was able to complement its strategic advisory board with an experienced industry expert - the former head of business development at Roche Diagnostics.
The Tokyo stock exchange initially showed itself stronger on Monday.
Some growth stocks would be bought back, said fund manager Naoki Fujiwara of Shinkin Asset Management.
The Nikkei index, which comprises 225 values, was 0.7 percent higher at 28,319 points.
The broader Topix index rose 0.5 percent to 1,988 points.
Good specifications from Asia
The Shanghai stock exchange was up 0.6 percent.
The index of major companies in Shanghai and Shenzhen gained 0.9 percent.
In Asian currency trading, the dollar gained 0.2 percent to 114.43 yen and slipped 0.1 percent to 6.3470 yuan.
Compared to the Swiss currency, it was hardly changed at CHF 0.9143.
At the same time, the euro remained almost unchanged at 1.1417 dollars and rose by 0.1 percent to 1.0442 francs.
Sterling was flat at $1.3679.
Bitcoin below $43,000
The world's best-known digital currency, Bitcoin, is not making any big leaps at the moment.
The cryptocurrency has been under latent pressure since the beginning of the year.
On the Coinmarketcap platform, Bitcoin was recently listed slightly in the red at just under $43,000.
Oil prices continue to rise
Oil prices continued to rise at the start of the week, approaching multi-year highs.
On Monday morning, a barrel (159 liters) of North Sea Brent cost $86.42.
That was 36 cents more than on Friday.
The price of a barrel of the American West Texas Intermediate (WTI) variety rose by 57 cents to $84.39.
European Brent crude is currently trading just below its highest level since 2014. The price of the US grade WTI is currently within reach of its high of last October, which was also a multi-year high.
Oil prices have increased noticeably since the beginning of the year.
Experts cite several reasons for the price increases, including production outages in larger producing countries such as Libya.
In addition, oil demand appears to be relatively robust despite the Omicron wave.
Added to this is the recently weaker dollar, which makes crude oil cheaper for those interested outside the dollar area and boosts demand from there.
With news agencies
