Wednesday's session on the German stock market brings mixed sentiment among investors. The DAX is posting moderate declines for another day in a row and is heading towards the lower support of the local consolidation zone. The macro calendar lacks first-quarter readings today, but investors will nevertheless learn about the weekly US unemployment benefits data.
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Create account Try a demo Download mobile app Download mobile appThe swaps market is currently pricing in a near 17% chance of a 75bp rate hike at the ECB's December meeting. Source: Bloomberg
DE30 index chart, D1 interval. Benchmark German blue chips are trading at mixed levels during today's session. Source: xStation 5
Thursday's German market session brings moderate declines in most sectors of the economy. Source: Bloomberg
News:
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Airbus (AIR.DE) shares are recovering from recent losses and gaining nearly 2% on the back of planned, larger helicopter sales to Vietnam. The company is optimistic about the outlook for demand for wide-body aircraft in 2023 and 2024.
Bank recommendations:
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Siemens AG (SIE.DE) received a "buy" recommendation from JP Morgan. Target price at 156 euros.
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Beiersdorf (BEI.DE) maintained a "neutral" recommendation from JP Morgan. Target price at 105 euros.
Changes in the institution's holdings in individual companies of the DAX index (data from the last session). Source: Bloomberg
The largest percentage changes in the companies included in the DAX index. Source: Bloomberg
The most active stocks of the DAX index (DE30). Source: Bloomberg
