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Börse Express – ROUNDUP / Frankfurt Stocks: Dax in the Plus

The Dax released on Friday
ultimately saved a close plus to the finish. However, it stands to
for the second time in a row a weekly loss to book.

The German leading index was friendly started in the day.
But from the late morning it went downhill and sometimes even
in the red area. At the close of trading, the DAX was then 0.26
Percent fixed at 12 260.07 points. For a mixed week
So the bottom line is a minus of over half

The MDax of medium-sized values ​​passed away
on Friday 0.42 percent higher at 25 845.12 meters. For the
Eurozone leading index EuroStoxx 50 was ultimately about
0.08 percent to 3480.18 points down. The national indices
in Paris and London, on the other hand, held just in the plus. In New York
noted the US benchmark index Dow Jones Industrial
European stock market closed moderately in the profit zone.

"The previous year's high at 12 656 points remains (at the Dax)
for now the measure of things, "wrote market expert Martin Utschneider
from the bank Thunder and Reuschel. This is already
two weeks back. Recent stabilization attempts
Among other things, observers point to worldwide hope
cheap money from the central banks.

While the European Central Bank (ECB) next Thursday
the key interest rates should not touch yet, observers one
US Federal Reserve cut interest rates later this month as safe.
"Investors are currently torn between
Growth doubts including the associated negative
Impact on corporate profits and
Interest rate cuts hope, "said Markus Reinwand of the
Landesbank Helaba the dilemma of the investors.

In the Dax, the shares of Wirecard thanks
good news from the recent slide: with plus
five and a half percent sat down the payment processor to the
Index top. Aldi Nord and Aldi Süd want all future payments
with credit cards as well as with international debit cards in theirs
settle German stores via Wirecard. Baader Bank Analyst Knut
Woller sees tremendous potential in the deal, the collaboration
still to expand.

The reinsurer Munich Re profited with over
one percent increase in price of less than expected burdens due to
Major losses in the second quarter. Also the release of reserves for
Basic damage benefited the company.

In contrast, shares of Software AG lost at the MDax end
Almost twelve percent – they were so cheap as last in the
January 2016. Because of the again disappointing quarterly development of the
largest business software integration software lowered that
Company's annual goal for the area. The nevertheless confirmed
Group outlook did not help the share. The
Joining technology specialist and automotive supplier Norma
posted a nearly nine percent drop in price –
also due to a reduction in the forecast

In contrast, Kion papers gained a positive rating
Analysts estimate a good three percent. The forklift manufacturer
should have performed solidly in the second quarter and its goals
confirm, wrote Frederik Bitter of Privatbank Hauck &
Aufhauser. Scout24 created a similar high
Price increase. The Internet portal operator wants in the next twelve
Repurchase shares for up to 300 million euros.

In the small caps index SDax the shares of
Heidelberger Druck continued its decline from the previous day and
lost nearly twelve percent. The papers were already on
Thursday nearly 16 percent lost value after the
Printing press manufacturer facing its weak
Quarterly results had canceled the annual targets. With 0.988 euros
is the stock now again a penny stock – as in the crisis

The yield on the bond market fell by 0.36 percent
minus 0.37 percent. The bond index Rex rose 0.09
Percent to 145.10 points. The Bund Future lost
0.08 percent to 173.46 points.

The euro exchange rate has recently dropped to $ 1.2223. The
European Central Bank (ECB) had the reference rate before
Priced $ 1,1226. The dollar was 0.8908 euros

— By Gerold Loehle, dpa-AFX —

  ISIN DE0008469008 DE0008467416

AXC0249 2019-07-19 / 18: 28

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