Deutsche Telekom’s shares could come under pressure on Tuesday after their previous recreation and head for the 30-euro mark.
The second major shareholder of the US Telekom subsidiary T-Mobile US, the technology investor soft bank, sold T-Mobile shares worth $ 4.8 billion in order to finance its growth course in the field of artificial intelligence. As a result, the T-Mobile shares in the reverting US trade on the Nasdaq had dropped 3.89 percent to 222.00 US Dolalr.
For the titles of Telekom, on Tuesday in the pre-exchanged tradegate trade, it is temporarily 1.02 percent down to 30.98 euros. According to a dealer, it is not a surprise that Softbank separated from other shares. It is unclear whether Deutsche Telekom has accessed. Even if the effects on the parent company are not yet manageable, at least the first course reaction should be negative, the Börsian emphasized.
Except for the previous day, the Telekom shares have been in downward mode for days. Since the intermediate high of June 6th, they have come back by almost 12 percent and have even been 16 percent since the high in March. 35.91 euros had meant the highest level in 24 years at the beginning of March.
/tih/mis
Frankfurt (dpa-Afx)
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