From Herbert Rude
Dow Jones-the upswing at the European stock markets continued on Tuesday. The DAX won 1 percent to 23,381 points. In the late morning, he had marked a new record with 23,476 points. The mood was still supported by the loan packages to finance the infrastructure and upgrading. However, the approval of the Bundestag was no longer able to give the DAX additional impulse: it was considered priced and even triggered profit from some in some of the latest favorites. Despite the higher debt, the returns on the bond market even came back somewhat. The MDAX benefited even more than the DAX, and the SDAX even increased 3 percent.
The Euro-Stoxx-50 could not keep up with an increase of 0.7 percent: “Even if all of Europe benefits from a kend in Germany: Most of it will come to the smaller companies dependent on the domestic economy,” said a market participant.
In addition to analysts, the packages should remain a support for the stock exchanges: the strategists of the Societe Generals said that the abolition of the German debt brake was “such an important moment in European history” that the euro will no longer see its deep to the dollar from 2022 for a decade. At Goldman Sachs, too, the strategists underlined the new, opposing developments: Europe now has more growth opportunities, while there are more and more growth risks in the United States.
The ZEW economic expectations have already been strongly jumped. And that despite the fact that the current situation in the survey has been judged even worse. As the largest risk factor, market participants now described a resumption of the descent at the US technology agency NASDAQ. If the courses there fall more, this could also put the courses in Europe, it was said on the market.
On Wednesday the next meeting of the US Federal Reserve will be pending, and the great expiry of the international appointments on Friday. “The chance is good that it goes up until the anxiety decline,” said another market participant. “Experience has shown that the decay has a trend -prolonging effect,” he said.
The announced Trump-Putin call to a possible ceasefire in Ukraine was also in view. Here, however, the market participants were still waiting for results in the course of trade: “A reconstruction of the Ukraine could also benefit from the field of infrastructure,” said a dealer.
Gold more and more expensive
Furthermore, the gold price was also on record course, which rose to the final bell on the stock exchanges on the new maximum course of a good $ 3,036 per troy ounce. Market strategist Ruben Ferrara from FlowCommunity referred to the weak US economy to read on retail sales from Monday afternoon. “Trump protectionism lies like a shadow about the US economy,” he said. Gold prices could also drive the gold prices of deaf statements from US Federal Reserve President Jerome Powell After the meeting on Wednesday, the increase in the Ukraine War could limit the increase.
Rheinmetall, Bayer and Deutsche Bank all attracted a good 4 percent and almost 6 percent on the winning page in the DAX. In contrast, Heidelberg Materials ended her housesee and came back by 1.8 percent with profit. SAP could only assert themselves.
Deutz wanted as a straggler
In the individual values of the second and third row, stocks from the armaments sector such as Hensoldt (plus 5.7%) or infrastructure winners such as Bilfinger (+2.83%) again increased above average. But here too there were already winning: Alzchem now fell back 6.3 percent after the recent Hausse boost.
On the other hand, stragglers of the infrastructure and armor housese were particularly in demand, according to Deutz, which increased more than 21 percent. “The market relies that Deutz diesel engines for trucks for the Bundeswehr Submit, “says a market participant. There are currently being sought everywhere whether there is anything in the direction of armor. Thyssenkrupp attracted a further 12.7 percent in the MDAX.
There were relatively few company results: the airport operator Fraport was described as in the expected framework, the shares rose by 2.1 percent. There should be no dividend distribution for 2024, rising costs are noticeable in a steamed outlook. The profit should only grow slightly this year.
Springer Nature fulfilled the expectations, but provided a conservative view. Here it went down by 5.6 percent.
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Index final development absolutely development in % since the beginning of the year*
ESTX 50 Pr.EUR 5,485.01 +39.46 +0.7% +11.2%
STOXX-50 4,704.91 +22.61 +0.5% +8.7%
STOXX-600 554.30 +3.36 +0.6% +8.5%
Xetra-Dax 23,380.70 +226.13 +1.0% +16.3%
CAC-40 Paris 8.114.57 +40.59 +0.5% +9.4%
AEX Amsterdam 913.97 +0.02 +0.0% +4.0%
Athex-20 Athens 4,221.48 +19.44 +0.5% +17.7%
BEL-20 Brussels 4,500.10 +22.15 +0.5% +5.0%
Bux Budapest 89,701.64 +436.05 +0.5% +12.5%
OMXH-25 Helsinki 4,834.81 +21.22 +0.4% +11.5%
OMXC -20 Copenhagen 1,974.59 +13.05 +0.7% -6.7%
PSI 20 Lisbon 6,925.86 +73.60 +1.1% +7.4%
IBEX-35 Madrid 13,354.70 +207.50 +1.6% +13.4%
FTSE-MIB Milan 39,533,71 +511.31 +1.3% +13.1%
OBX Oslo 1,460.13 +6.89 +0.5% +9.3%
PX Prague 2,087.93 +5.41 +0.3% +18.3%
OMXS-30 Stockholm 2,685.50 +0.31 +0.0% +8.1%
WIG-20 Warsaw 2,799.02 +21.41 +0.8% +26.7%
ATX Vienna 4,350.76 +43.11 +1.0% +17.6%
SMI Zurich 13,062.11 +3.99 +0.0% +12.6%
Foreigners last +/- % end the previous day Fri, 18:49 % YTD
EUR/USD 1.0948 +0.2% 1.0922 1.0882 +5.5%
EUR/JPY 163.4960 +0.2% 163.1035 161.5535 +0.1%
EUR/CHF 0.9594 -0.3% 0.9623 0.9630 +2.9%
EUR/GBP 0.8418 +0.1% 0.8409 0.8418 +1.7%
USD/JPY 149,3310 -0.0% 149,3325 148.4595 -5.1%
GBP/USD 1.3005 +0.1% 1.2988 1.2927 +3.7%
USD/CNY 7.1668 -0.0% 7.1672 7.1727 -0.6%
USD 7.2266 -0.0% 7.2290 7.2393 -1.4%
From/USD 0.6362 -0.4% 0.6386 0.6321 +3.2%
Bitcoin USD 81,663.30 -2.9% 84,082.10 84,262.60 -9.9%
Row oil last VT-Settlem. +/- % +/- USD % YTD
WTI/Nymex 66.82 67.58 -1% -0.76 +0.7%
Brent/ICE 70.49 70.93 -0.6% -0.44 -5.1%
Metals last the last day +/- % +/- USD % YTD
Gold (spot) 3,032.13 3,000.27 +1.1% 31.86 +14.3%
Silver (spot) 31.14 30.98 +0.5% 0.16 +10.9%
Platinum (spot) 917.95 917.17 +0.1% 0.78 +4.8%
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DJG/HRU/FLF
(End) Dow Jones Newswires
March 18, 2025 13:28 ET (17:28 GMT)