The downward base of the Shares of Zalando and other consumer goods values ​​does not weaken on Thursday.

The Zalando course fell by 2.6 percent and thus made the online retailer the bottom of the light in the leading index DAX. Because of the uncertainty around the Middle East War, this fell by 0.8 percent.

Zalando’s shares are now noted at the level of November. At the beginning of June, the course had been at the level at the turn of the year, but the discount in 2025 is now almost 17 percent. For days they have been significantly below the 200-day average line, which is a popular indicator for the long-term trend.

There were no concrete reports that Zalando burdened on Thursday. Dealers: Inside and analyst: Inside, however, uncertainties recently emphasized in terms of the development of private consumption in Germany in the second half of the year and the consequences for consumption values.

Jefferies, for example, had graduated from the aromas and fragrance manufacturer Symrise on Monday for concerns about the demand for consumer goods. The JPMorgan analyst Celine Pannuti had said to be a consumer goods manufacturer Beiersdorf that she fears a weaker development of the consumer division due to economic headings.

These two shares also continued their latest downward trend on Thursday with losses of around one percent. Beiersdorf has been on a low since January 2023 and Symrise since the end of April. Another consumer-dependent Dax share that fell again was Adidas with a discount of 1.3 percent. The shares of the sporting goods manufacturer have reached their lowest level since mid-April.

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