Dax with price gains on the stock exchange

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Course recovery: The Dax rises above the 14,200 point mark on Wednesday

Photo: Boris Roessler / dpa

Investors on the German stock market can hope for further gains in the middle of the week.

The leading German index, the Dax, rose slightly at the start of trading on Xetra and climbed above the 14,200 point mark.

The leading index thus increased on the third trading day of the new year.

The euro zone counterpart EuroStoxx 50 also started slightly higher on Wednesday.

The stock exchanges are getting a tailwind from falling interest rates on the capital markets.

There have recently been certain signs of relaxation in view of the high inflation.

The specifications from overseas are meanwhile mixed.

Negative news from Tesla and Apple dampened sentiment in New York on the first day of trading in 2023.

The technology -heavy

fell 0.70 percent on Tuesday to 10,862.64 points.

The selection index of the Nasdaq stock exchange ended the past year significantly weaker than the standard values ​​and lost almost a third.

shares

are down more than 12 percent to $108.

The latest delivery figures from the electric car manufacturer disappointed investors.

Shares in

fell to around $124 on Tuesday, their lowest level since early June 2021. At the end of trading, the papers were down 3.7 percent and cost $125.07.

A report by the Japanese business newspaper "Nikkei" proved to be a burden, according to which Apple has instructed several suppliers to produce fewer components for some of the Californian products, including the AirPod, Apple Watch and MacBook, in view of falling demand.

The market-wide

fell 0.40 percent on Tuesday to 3824.14 points.

At the end of the day, the leading index Dow Jones Industrial was down 0.03 percent to 33,136.37 points, almost in positive territory.

Asian trading venues also lacked a common direction.

On the company side, the focus on the local market was on

.

The leasing specialist, which is listed in the SDax small-cap index, was able to significantly increase the volume of new leasing business in 2022 and thus reached the upper end of the target range raised in October.

On the other hand, the contribution margin - ie the difference between the revenues and the variable costs - did not increase quite as much.

The margin measured by the contribution margin therefore fell.

The shares rose clearly before the market.

The stocks of the technology

gained a little after the US analyst firm Bernstein Research upgraded them to "Market-Perform".

A normalization of the results after the corona pandemic is a fact for most capital goods manufacturers and less a matter of opinion, wrote analyst Nicholas Green in an industry outlook for the new year.

The numerous economic adversities of the past year and also the prospect of several quarters with weak incoming orders are likely to be priced into the prices.

Bitcoin above $16,000

The world's best-known digital currency, Bitcoin, was last listed on the Bitstamp trading platform at 16,863 US dollars.

The cryptocurrency hit another record high of $69,000 in November 2021.

Oil prices continue to fall

Oil prices fell on Wednesday, continuing the heavy losses from the previous day.

A barrel (159 liters) of North Sea Brent cost $81.62 in the morning.

That was 48 cents less than on Tuesday.

The price of a barrel of American West Texas Intermediate (WTI) grade fell 51 cents to $76.42.

Since the beginning of the year, demand concerns have put pressure on oil prices.

The price of crude oil from the North Sea fell by around four dollars in the first trading days of the new year.

Recently, unexpectedly weak economic data from China had had a negative impact.

The massive wave of corona infections in China is being followed with particular concern on the oil market.

Further increasing infections could weigh on demand in the short term, said commodity expert Warren Patterson from ING Bank.

Added to this is the prospect of weak economic development in the USA.

In addition, the market is referring to the unusually mild winter temperatures in Europe, which are causing lower demand for crude oil.

With news agencies