Will INDEXDB: DAX go below 11,000 points again?

0

INDEXDB Dax hung on Wall Street drip again on Thursday. With its changing ups and downs, the Dow Jones Industrial gave the German stock market barometer in the last hours of trading. Increasing tensions between the United States and China made investors nervous. Finally, the Dax closed trading at a discount of 1.41 percent to 11,065.93 points, just above its daily low. On Wednesday, DAX had continued its recent recovery course in close collaboration with the Dow and jumped to the highest level since the end of April.

Given the prospect of a federal bailout, the Lufthansa share was largest DAX winner with plus 2.7 percent. Immediately after the start of the stock market, however, it had risen by more than 8 percent. Stock marketers see the plans that have not yet been finally sealed with mixed feelings. Bernstein analyst Daniel Roeska, for example, complained that government support is likely to be at the expense of shareholders.

Delivery Hero’s stock was waiting for a record high on. Without news, it went up to 89.50 EUR. The share price of the online food supplier then ended the day with a plus of 3.5 percent to 89.00 euros.

The current yield on the German bond market fell from minus 0.45 percent the previous day to minus 0.46 percent. The Rex index ( Weighted average price of 30 domestic German bonds) rose 0.12 percent to 144.87 points.

The Euro surrendered part of its profits in the afternoon and slid below $ 1.10 again. In the early evening, it was trading at $ 1.0950. The European Central Bank set the reference rate at $ 1.1000 (Wednesday: 1.0958). The dollar thus cost 0.9091 (0.9126) euros./ck/he