Frankfurt Stock Exchange is the focus. - Dax faces pressure due to decreased SAP profits and concerns over interest rates.
The peak in the DAX at around 18,900 participants from mid-May is becoming more and more distant, along with the significant milestone of 19,000 points.
The MDax of medium-sized companies dropped by 0.27% on Corpus Christi to reach 26,516 points. The EuroStoxx 50, a key index for the Eurozone, shed 0.3%.
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- The uncertainty surrounding SAP's profit reduction and potential interest rate cuts is causing significant pressure on the DAX in Frankfurt Stock Exchange.
- Despite the drop in the MDAX by 0.27%, Frankfurt am Main's stock exchanges continue to attract a diverse range of participants, including those in the software sector like SAP.
- The DAX, which includes blue-chip companies like SAP, has seen a price loss due to various external factors, including uncertainty about interest rates.
- Frankfurt, home to the Frankfurt Stock Exchange, is witnessing volatile market conditions, with key indices like the DAX and MDAX experiencing fluctuations.
- The ongoing uncertainty about interest rates and SAP's financial performance has led to concerns among investors in both the DAX and MDAX, causing a potential softening in stock prices.
- The SDAX, another index focusing on small and mid-cap technology companies in Germany, may also be influenced by the broader market developments in Frankfurt, including interest rate cuts.
- Amidst these challenging market conditions, Frankfurt's stock exchanges, including the Eurostoxx, continue to serve as a significant platform for many domestic and international companies to list and trade their shares.
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