Dax goes into the weekend with a loss | Free press

by time news

Frankfurt / Main (dpa) – On the German stock market, prices fell moderately overall on Friday. The leading index Dax lost 0.61 percent to a level of 15,544.39 points.

Weaker growth signals from the online giant Amazon, price losses on the Far Eastern stock exchanges and rising corona numbers made investors wonder. On the other hand, good quarterly figures from companies were partly used to reap price gains before the weekend.

On a weekly basis, the Dax has a minus of 0.8 percent. The leading index barely made any headway in July. The MDax of medium-sized stocks fell on Friday by 0.36 percent to 35,146.91 points.

Higher annual targets for the hospital and medical group Fresenius did not help the share. Because at the Fresenius subsidiary FMC the profit in the second quarter collapsed by more than a third. The shares of the dialysis provider lost 4.5 percent and dragged those of Fresenius down by 3.9 percent. This meant that the two titles were bottom of the Dax.

The world’s largest manufacturer of industrial gases, Linde, is becoming more and more confident about the current year thanks to good business. The shares gained 2.5 percent at the top of the Dax and reached a record high. The energy group RWE expects a better result than before this year thanks to strong electricity trading in the first half of the year. The papers gained 0.2 percent. According to the engine manufacturer, shares in MTU lost 0.4 percent.

In the MDax, the lubricant manufacturer Fuchs Petrolub and the medical technology manufacturer Siemens Healthineers moved into focus with increased forecasts. Initially weak, Fuchs Petrolub turned positive in the afternoon and closed 1.6 percent higher. Siemens Healthineers gained 0.8 percent.

For the papers of the genetic diagnostics company Qiagen, it went up by 2.5 percent according to quarterly figures. The disappointing signals from Amazon, however, weighed on shares in online retailers: Zalando slipped 3.6 percent.

The leading Eurozone index EuroStoxx 50 lost 0.67 percent to 4089.30 points. The loss of the London FTSE 100 was similarly high, while the discount at the Cac 40 in Paris was more moderate. On Wall Street, the Dow Jones Industrial was a little lighter at the close of trading in Europe.

The euro gave way, costing $ 1.1860. The European Central Bank (ECB) had previously set the reference rate at $ 1.1891. The current yield on the bond market again remained at minus 0.50 percent. The Rex bond index fell 0.02 percent to 146.34 points. The Bund future rose in the evening by 0.07 percent to 176.59 points.

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