Of Dax remained on a record level even at the end of the week. However, it only increased in mini-stages. At its peak, the main German index climbed 0.2% on Friday to 16,123 points. “The German stock index shines today more for its stability and less for its dynamism,” said Jürgen Molnar, capital markets strategist at broker RoboMarkets. “Good quarterly figures still outweigh concerns about policy measures to contain the fourth corona wave and support the market.” With the federal state meeting in the coming week, however, the fear of further restrictions is also likely to become an issue on the stock market, the expert fears.
Among the individual values of Dax, investors, especially at Deutsche Telekom, took courageously. The group is once again raising its outlook for 2021 thanks to good activity on both sides of the Atlantic. The shares climbed two percent. Shares of Delivery Hero were the biggest DAX winner with a 4.6% premium. The reactions of the experts to the quarterly figures of the delivery service of the day before were positive. In M-Dax, Knorr Bremse lost 4%. The utility vehicle and train supplier failed to convince investors with its figures. For the year as a whole, the company forecast revenue of € 6.6 billion to € 6.8 billion and reduced its previous range somewhat from € 6.5 to € 6.9 billion. .
Salzgitter stock didn’t have a good day which, after releasing its latest quarterly figures, was among the S-Dax’s biggest losers at a nearly five percent haircut. According to stock brokers, some investors had hoped for an increase in forecasts. However, the company only confirmed its outlook for the full year.
The American stock markets have embarked on a conciliatory course at the end of an eventful week. Of Dow jones increased by 0.5 percent. Johnson & Johnson shares rose 1.2%. The pharmaceutical company wants to split into two companies. Some will specialize in consumer products. The pharmaceutical and medical equipment activities will remain with Johnson & Johnson.