indexes in this article
STUTTGART (BOERSE STUTTGART GMBH) – Euwax Trends at the Stuttgart Stock Exchange
Investors rely on gold miners & luxury goods manufacturers
trends in trade
1. Factor Long Certificate on LVMH (WKN MA4XQS)
Today, the Stuttgart investors are buying a factor 3x long certificate on the French luxury goods group LVMH. The latter announced its sales figures for the first quarter yesterday. While sales increased by 29% to 18 billion euros, the fashion and leather goods sector grew particularly strongly with a sales increase of 35%. After yesterday’s price gains, the LVMH share lost around 2.7% to 624 euros today.
2. Call Warrant on Barrick Gold (WKN MD1SN9)
Derivatives investors in Stuttgart will enter a call option on Barrick Gold on Wednesday. The Canadian gold miner operates gold and copper mines in 13 countries. Finally, tomorrow, Barrick Gold will publish its preliminary production figures as well as information on sales and costs incurred for the first quarter of 2022. In the run-up, the Barrick Gold share rose almost 1% to EUR 23.80.
3. Call warrant on K+S (WKN MD229F)
Derivatives investors sell a call option on the potash and salt producer K+S in the middle of the week. Last week, analysts at JPMorgan downgraded the stock from ?Underweight? on ?Overweight? and at the same time increased the price target from EUR 12.50 to EUR 44.50. In the morning, the K+S share reached a new high for several years at EUR 34.04.
Euwax Sentiment Index
After a negative start, the Stuttgart mood barometer turned positive on Wednesday, while the DAX fell to around 14,000 points. In the further course of trading, the Euwax Sentiment has been hovering in neutral territory since then. The Stuttgart derivative investors are currently apparently at odds about the further daily development in the DAX.
Stuttgart Stock Exchange on YouTube
Lockdowns in megacities like Shanghai, a flagging economy and the regulation mania in the tech sector – things are not going well in China at the moment. How much caution is required? Assessments by Kemal Bagci from BNP Paribas, who also looks at Elon Musk’s surprising entry into Twitter and reveals which topics derivatives investors are also concerned with.
Watch the video at the following link: https://www.youtube.com/watch?v=TWNayK-4YFY
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Source: Boerse Stuttgart GmbH, www.boerse-stuttgart.de
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