The first trading session on the German market this week brings moderate declines in the valuations of most stocks. The mood of investors is subdued, due to a number of macro decisions and important data to be presented this week.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appDE30 index chart, D1 interval. Benchmark German blue chips are trading at mixed levels during today's session. Source: xStation 5
Monday's session on the German market brings moderate declines in most sectors of the economy. Source: Bloomberg
News:
-
U.S.-based Rivian (RIVN.US) is halting negotiations with Mercedes Benz (MBG.DE) to produce electric vans in Europe.
-
Zalando (ZAL.DE) shares are posting solid gains today, rising more than 2.5%. The company unveiled its new, updated operating model. The Supervisory Board reappoints David Schröder as Chief Operating Officer, tasked with further building and scaling Zalando's unique capabilities and offerings, and enabling the company's growth.
-
Warburg Research has downgraded its recommendation on the shares of Fresenius (FRE.DE) to "neutral." Target price at 25 euros (previously it was 34 euros).
The largest percentage changes of companies included in the DAX index. Source: Bloomberg
The most active stocks in the DAX index (DE30). Source: Bloomberg
