FRANKFURT (dpa-AFX) – After falling to its lowest level since November 2020 Dax
After Dax dropped to 12,390 points from the previous day, investors were initially encouraged to take action again. To some extent, European exchanges followed the recovery in the US technology exchanges of the previous day. The fact that the New York Stock Exchanges started trading with mixed results on Wednesday did not detract from profits. The minutes of the US Federal Reserve meeting are eagerly awaited in New York.
For weeks, investors have been concerned that Europe’s heavy dependence on Russian natural gas supplies makes it particularly vulnerable to the energy crisis which, combined with high inflation and rising interest rates, could trigger a recession. Hence, experts are questioning the sustainability of the recovery again.
“The good news for now is that the sale has stopped,” said CMC Markets analyst Jochen Stanzl. “Nevertheless, after falling below the old low during the year, the market will most likely need a few more weeks to form a new bottom,” he warned against premature optimism. After all, in the middle of summer, seasonality does not speak for a reversal of the trend.
Technical values calculated on Wednesday
were among the favorites of investors with 4.5 and 5.4 percent, as well as various software companies such as SAP
Various online values are also assigned to the tech sector in the Dax index family. At times, there was an industry fantasy in the food delivery industry thanks to the collaboration with Just Eat Takeaway
Online values for store pharmacies increased significantly by 10.6%.
At the end of Dax, Adidas shares found themselves
after the skeptical comment of the analyst Hauck Aufhäuser Investment Banking. The sporting goods group’s papers managed to reduce their price losses to one percent. Analyst Christian Salis believes the company’s annual targets are at risk due to falling consumption and pressure on margins and reversed his earlier buy recommendation.
With the price increase of 14 percent, the SDax dropped
nor the Morphosys stock
The current yield of the German Bunds fell from 1.14 percent. the previous day to 1.05 percent. Rex retirement index
— Author: Timo Hausdorf, dpa-AFX —
ISIN DE0008469008 EU0009658145 DE0008467416
AXC0330 2022-07-06 / 18: 27
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