Dax is staying just below its record high

Frankfurt / Main (dpa) – The Dax held up well on Wednesday at a high level. The German leading index closed with a plus of 0, 16 percent 16. 067, 83 points.

Throughout the day, it remained in a tight trading range just below its Record high of 16. 104 Points moved from the previous day. The MDax of medium-sized stocks fell by 0, 30 percent to 35. 991, 18 Counter. The leading Eurozone index EuroStoxx 39 gained 0, 10 Percent on 4348, 82 Points.

Some Dax companies drew attention with their quarterly reports. A cautious outlook scared the Adidas shareholders: the papers fell by 3.7 percent, bringing up the rear in the leading index. The sporting goods manufacturer is becoming more cautious due to supply chain problems and a more difficult market environment in China.

Siemens Energy, on the other hand, was the favorite in the Dax with a plus of 3.5 percent. The problems of the wind power subsidiary Siemens Gamesa as well as the restructuring in energy technology had weighed on in the past fiscal year, but a small dividend is to be paid out in the first full year of its existence one percent and benefited from a record quarter. However, there is still uncertainty over a legal dispute in the USA. Large investors are demanding billions from the group.

In the MDax, Commerzbank shares rose by 3.7 percent. The magazine “Focus” wrote that the new government could push ahead with the sale of the financial institution in the new year and rumored DZ Bank as a possible buyer from Frankfurt banking circles Plus of around 14 percent to the top of the 70 secondary values. Missing components slow down the solar technology group if the order situation is good, but despite a slight decline in sales in the first nine months, the inverter specialist earned significantly more than a year ago very disappointing. Spent at 87 euros, the first rate at 86, 90 Euro. They finally left the trade with 83 euros, which means a discount of 4.6 percent.

The The euro was last traded at 1. 1520 US dollars. The European Central Bank set the reference rate at 1. 1558 (Tuesday: 1. 1577) dollar. The dollar cost 0, 8652 (0, 8638) euros. On the bond market, the current yield fell from minus 0. 35 percent the previous day to minus 0. 39 percent. The Rex bond index rose by 0, 10 percent to 144,92 Points. The Bund future last gave up by 0, 39 percent 170, 68 Points after.

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