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Entertainment Dax is leveling off at a record level

12:13  09 march  2021
12:13  09 march  2021 Source:   finanzen.net

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The Dax has settled at the record level reached at the beginning of the week after a cautious start. Most recently, the leading German index lost 0.08 percent to 14,368.97 points.

Der Dax ist der wichtigste Aktienindex in Deutschland. © Fredrik von Erichsen / dpa The Dax is the most important stock index in Germany.

On Monday he had set a record with 14,402 points and closed only a little below. The MDax of medium-sized German companies rose by 0.08 percent to 31,337.01 points in the morning. The leading Eurozone index EuroStoxx 50 gained 0.12 percent to 3767.83 points.

The US Senate's approval of a billion dollar aid program for the world's largest economy provided a tailwind on Monday, the Helaba experts wrote. In addition, the economic optimists have taken over the scepter.

Dax remains in a record mood

 Dax remains in a record mood The Dax continued its record hunt on Wednesday. The German leading index rose above the mark of 14,500 points and ultimately gained 0.71 percent to the level of 14,540.25 points. © Fredrik von Erichsen / dpa The Dax is the most important stock index in Germany. In contrast, stocks from the second row showed no clear trend. The MDax of medium-sized companies closed with a slight minus of 0.17 percent at 31,571.28 points.

Today, the focus was on the business figures of a number of companies. Continental's shares, which were strong the day before, lost almost five percent in view of the red annual figures and thus slipped to the end of the Dax. In addition, the outlook for the automotive supplier and tire group for 2021 fell short of analyst expectations.

At Deutsche Post, investors were able to look forward to a record high - most recently the shares, as one of the Dax favorites, gained 0.8 percent. The logistics group raised the targets again when it presented its balance sheet, as it expects online trading to grow in 2021 and thus a further increase in parcel volumes.

According to stockbrokers, a disappointing earnings outlook broke Fuchs Petrolub losses of almost three percent. The lubricant specialist's share certificates continued their downward trend and were at the bottom of the list in the MDax. The fact that the final annual figures were just above the key figures and the dividend proposal turned out a little higher than expected did not help much.

Symrise shares lost 2.7 percent. Experts complained that the flavor and fragrance manufacturer is only aiming for stagnating profitability in 2021.

Meanwhile, S&T stocks were among the favorites of investors in the SDax small stocks index with an increase of almost four percent. The IT service provider reported a further accelerated increase in incoming orders for the start of the year. S&T therefore announced an increase in organic growth for the year as a whole.

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© Provided by the Point University, Education, United Kingdom, Students E N December, The British Government , led by Boris Johnson , announced to give up the Erasmus exchange program. This has been replaced by the Alan Turing program, set up since March 12th. However, the controversy swells: less generous with British students who will study abroad, he also does not provide for any assistance for European students enrolled in a British university.

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