Frankfurt / Main (dpa) – The recent recovery on the German stock market accelerated on Thursday. The Dax climbed to its highest level since the end of September and was additionally supported in the afternoon by strong US stock exchanges. On the other hand, the weekly initial applications for unemployment benefits not only fell surprisingly significantly, but also fell under 300 for the first time in the Corona crisis. 000. The topics of energy prices and inflation remained in focus, commented market expert Andreas Lipkow from Comdirect.
With a plus of 1, 40 Percent on 15. 462, 72 points, the German benchmark index went out of business just below the daily high it had reached shortly before.
The MDax of the medium-sized stock market values gained 1, 16 percent to 34. 169, 46 Counter. The leading Eurozone index EuroStoxx 50 moved up by 1, 61 Percent on 4149, 000 points and things were noticeably up in Paris and London too. In the USA, the Wall Street index Dow Jones Industrial gained 1.4 percent at the close of European trading and the technology-heavy Nasdaq stock market gained a little more.
Among the individual values, the shares of Hellofresh is one of the favorites in the Dax with a plus of 2.4 percent. The cooking box supplier is expanding its business by entering Italy and sees great potential there in view of the 26 millions of households. Hellofresh was launched in Norway in the summer.
SAP expanded their share price from the previous day and rose by a further 2.9 percent. Europe’s largest software manufacturer presented its quarterly report on Wednesday and raised its annual targets for the third time this year. The shares of Adidas also rose by 1.6 percent after the announcement of further share buybacks.
According to a more skeptical assessment by the Jefferies investment bank, Covestro’s shares were among the few losers in the leading index with minus 0.7 percent. Analyst Chris Counihan devotes himself to what he considers to be the most important topics for the chemical industry in the year 2022 and downgraded the plastics manufacturer’s paper to “Hold”, mainly for evaluation reasons, because he assumes that the The current excess return will normalize in the medium term.
The shares of Hannover Re reacted with a plus of 1.9 percent to statements on the dividend and to a positive study by DZ Bank. The world’s third largest reinsurer wants to keep the regular distribution per share at least stable in the future, even in the event of a decline in profits, and special dividends should also continue to be possible. DZ Bank analyst Thorsten Wenzel has also become more optimistic and expects a good result compared to competitors this year as well. In addition, Hannover Re 2022 should benefit from price increases in the property / casualty segment.
After jumping over the mark of 1, 16 US dollars again after and was in the early evening with 1, 1591 Dollars traded. The European Central Bank set the reference rate at 1, 1602 (Wednesday: 1, 1562) dollar. The dollar cost 0, 8619 (0, 8649) euros. On the bond market, the current yield fell from minus 0. 23 percent to minus 0. 24 percent. The Rex bond index rose by 0, 000 percent to 143,90 Points. The Bund future recently moved up by 0, 51 percent to 169, 80 Dots before.