Frankfurt (dpa -AfX) – Progress in the customs conflict between the USA and China is likely to continue the DAX on Monday in its record hunt. In Asia, the stock exchanges were already increasing, and in Europe too, the mood among investors is also expected.
According to the White House, there was an agreement with China during the talks in Geneva in the customs dispute. However, there were no details at first. Both sides announced an explanation for Monday. The Chinese delegation initially only spoke of a “series of important matches”.
Now it is being excited and waiting for the specific negotiation results, said portfolio manager Thomas Altmann from QC Partners in Frankfurt. In addition, the upcoming negotiations between Russia and Ukraine about a possibly permanent peace would be seen positively as well as the ceasefire between India and Pakistan on the Asian stock exchanges.
Around an hour before the start of the stock market, the X-DAX signaled an increase of 1.1 percent to 23,761 points for the German leading index. The record high on Friday is 23,543 points. The EuroZone-Leiten-Leindex EUROSTOXX 50 will also be expected higher on Monday.
With quarterly figures, companies from the second and third row are particularly in view as well as a partially takeover offer for ProSiebenSat.1 (ProSiebenSat1 Media SE). The fact that the major Czech shareholder PPP PFPF presented a cash offer of seven euros per share of the media company ensured a pre -exchangeable course of the course. PPF wants to increase its participation from almost 15 to 29.99 percent and thus remain below the threshold of 30 percent, from which an offer would be mandatory for the entire group. The share increased by 10.5 percent compared to the Xetra Board of Commerce on Friday.
Evonik (Evonik) delivered slightly better than expected results for the first quarter, as a dealer said. For this purpose, the business with animal feed protein, with products for the color and coating industry as well as with pharmaceutical ingredients and also the continued savings efforts. The winning goal for 2025 was confirmed. The stock reacted positively to Tradegate.
For United Internet and her internet service subsidiary Ionos, it went up to date, whereby Ionos is now expected to be expected with a new record after the record high achieved in the previous week. The result of the network expansion at subsidiary 1 & 1 at United Internet presses the result in the opening quarter, but the annual turnover destination was slightly increased. Daughter Ionos meanwhile became more optimistic about the current year due to better business in the smaller Adtech division around digital advertising and domain trading.
It was also slightly upwards according to numbers for Salzgitter and Hypoport (Hypoport SE). In contrast, the software service provider Adesso (Adesso SE) and SDAX-Neuling Procredit gave in advance according to the quarterly figures presented.
The share of the Deutsche Bank fund subsidiary DWS (DWS Group GmbHco) could move a statement from CEO Stefan Hoops. The latter told the business newspaper “Financial Times” that the market fluctuations would probably advance the business qualifications of the asset managers. The DWS share put on Tradegate./CK/JHA/