DAX stabilizes at last week’s low: look at natural gas, RWE, E.ON, Uniper

The DAX opened the stock market week very weakly and has not only fallen below the 13,000 mark, but also directly tested the previous week’s low. It recovered somewhat from this level by midday, but remained at a discount of around 300 points by Friday’s close. What happened?

Andreas Bernstein looks at the report on the Nord Stream 1 natural gas pipeline and explicitly looks at the entire sector. A 'Random Prize Giving' should lead to the power companies from Germany, if necessary in all of Europe, to limit the profits that have been made. This will partially finance the new points from the government’s relief package – according to the calculation from Berlin.

The electricity suppliers RWE and E.ON are correspondingly weak today. However, Uniper was hit particularly hard, losing double digits and, with a view to the electricity exchange, having no real alternatives to buy energy cheaply elsewhere.

We first talked about these three companies and then switched to Siemens Energy. The former DAX value, as a spin-off from Siemens, may soon be able to look forward to being listed in the DAX again. Because according to the first calculations for the reorganization of the DAX40 by Deutsche Börse, a change between Siemens Energy and HelloFresh could be on the agenda. Details will be decided tonight, how will you be happy to teach about it.

By looking at the dates already published for the day, you have a comprehensive view of today’s trading day. There is no trading on Wall Street due to the holiday.

Come well informed with TRADERS´ media GmbH and the LS Exchange through the trading day.

 

 

 

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