Companies' optimism is pulling the Dax up

Frankfurt / Main (dpa) – The Dax expanded its profits from the beginning of the week on Tuesday. Several companies had expressed their optimism about the further course of their business and thus convinced investors.

The German benchmark index rose by 1, 01 Percent on 15 757, 06 points and thus left the mark of 15 600 points behind, at which he had failed several times last. The MDax of the medium-sized stock market increased on the second trading day of the week 0, 74 percent to 35 106, 30 Counter.

The reporting season is also boosting the stock markets this week and is giving investors the long-awaited reason to get back in, commented analyst Craig Erlam from broker Oanda. The risks for the economy would still exist, but investors would ignore them thanks to the optimism of the companies. Percent up. The manufacturer of forklifts and logistics technology was optimistic about incoming orders this year.

Pfeiffer Vacuum also raised its forecast for the year. The shares rose to a record high and ended trading as the strongest value in the SDax small cap index with plus 9, 74 percent. The vacuum pump manufacturer is benefiting from the boom in the chip industry.

Siemens Energy climbed to its highest level in seven weeks. At the end of the day they were in the Dax with plus 4, 09 percent ahead. The biggest losers in the leading index were Fresenius Medical Care (FMC) and Fresenius with deliveries of 4, 43 and 4, 08 percent. Cautious statements by Deutsche Bank about the upcoming quarterly reports, especially from the dialysis company FMC, weighed on the two stocks according to traders.

The Eurozone leading index EuroStoxx 50 increased by 0, 85 percent to 4223, 97 points to. The plus for the French Cac 35 and the British FTSE 100 the end. In New York, the Dow Jones Industrial rose again to a record high. At the close of trading in Europe, it was 0.4 percent higher.

After the close of trading, the euro cost 1. 1589 US dollars. The European Central Bank had set the reference rate in the afternoon at 1, 1618 (Monday: 1, 1603) dollar, the dollar thus 0, 8607 (0, 8619) Euro.

On the bond market, the current yield fell from minus 0, 20 percent to minus 0, 24 Percent. The Rex bond index rose by 0, 09 percent to 143,81 Points. The Bund future gained 0, 01 percent to 168,69 Points.

Related Articles

Back to top button