Frankfurt (dpa -Afx) – The DAX lost momentum on Friday in the course of the trade. At lunchtime he had climbed to 23,887 points and had further approached his record level that was only a few days old. The relaxation in the customs dispute between China and the USA, which had helped the index to the record of 23,911 points at the beginning of the week, did not initially lose its positive effect on Friday.
Finally, however, the DAX went back to a distance and only increased by 0.32 percent to 23,773 points. Fresh economic data from the United States contributed to this as mood dampers. The prices of imported goods were surprisingly increased again in April.
With 29,835 points, the MDAX recently only got an increase of 0.03 percent. The round 30,000-point mark resisted the index of medium-sized German values in the course of the medium. The EuroZone-Leiten-Leindex EuroStoxx 50 increased by 0.23 percent to 5,424 points.
With an increase of more than 1 percent, the DAX heads for the fifth positive trade week in a row. In addition to the customs approaches, expert Jochen Stanzl from the Broker CMC Markets also referred to the negotiations on an end to the Ukraine War, which were accepted in Istanbul by Ukrainian and Russian representatives on Friday. “These are not just any developments, they are clear signals for stock buyers,” he said on Friday morning.
With an annual increase of almost 20 percent, the DAX makes something to the US Leindex Dow Jones Industrial, because its annual balance sheet is slightly negative against the background of uncertainty about Donald Trump’s policy. According to the Derre Nathan von Hargreaves Lansdown, it is still too early to speak of the end of the US exception. However, there are signs that investors with European shares aimed more diversification.
The focus was on the planned acquisition of more 1 & 1 shares by the parent company United Internet. This wants to increase the proportion of the mobile operator from 81 to up to 90 percent and offers 18.50 euros for the necessary shares. The 1 & 1 course jumped over at times with up to 18.90 euros, but recently settled by 18.3 percent with an increase of 18.20 euros.
The DZ-Bank expert Karsten Oblinger was quite surprised by the project in a first comment, to which the investors of United Internet also reacted very well. Although the shares of the internet and telecom company ex dividend were traded, they increased by 5.5 percent. Taking into account the discount, the plus was a good 14 percent.
According to a report by the “Wall Street Journal”, Bayer is examining a complicated legal proceedings in the United States to remove glyphosate damage claims to the Monsanto in 2018. However, there are high legal hurdles for this and the speculation is not entirely new. The shares continued with 1.3 percent plus.
The mood remained well in the armaments sector. Investors have apparently not really believe in progress in peace talks in Istanbul. Above all, this was true for the Renk shares, who posted another record on Friday after a few days of break. Finally, their plus was almost 9 percent. JPMorgan expert David Perry highly classified the shares to “Overweight” and justified this with the enormously strong sales prospects of the tank gear manufacturer.
At Borussia Dortmund (BVB (Borussia Dortmund)), fans and investors are looking forward to the season finale, which gives the football club a chance to participate in the lucrative Champions League at the last minute. The course of the share had already jumped on the previous day and has now made it again for the first time in a year over the 4 euro mark. Most recently, they lay by almost 2 percent./Tih/he