FRANKFURT (dpa-AFX Broker) – The shares of Hypoport (Hypoport SE) were in demand on Monday following statements about last year’s transactions. The price rose by more than five percent at its peak and, at its daily high of 196.40 euros, approached the 200 euro mark that was last on the price board at the end of November. The price also jumped above the 50-day line for the first time since October, which is a popular short- to medium-term indicator line for chart-oriented investors. Most recently the increase was a good four percent.
The financial service provider increased its business volume last year thanks to an upturn in real estate financing and gains in market share. A dealer emphasized that the loan volume in the area of existing properties had developed particularly positively. The continuously deteriorating rental supply and the lower interest rates compared to 2023 have enticed more consumers to purchase owner-occupied properties, said Hypoport./tih/mis
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