Dax currently: Dax gives up gains again - energy prices rise once more
After jumping to a one-month high, investors are once again taking profits. Even positive quarterly figures cannot sustainably strengthen investor confidence.
The German stock market is giving back some of its recent gains, with the Dax index down 0.7% to 25,476 points in early afternoon trading. The index had reached 25,700 points on Wednesday, its highest level in a month, but failed to sustain the gains. SAP, the most valuable Dax company, reported strong quarterly results, beating expectations, and was followed by positive reports from Meta and IBM after Wall Street close. According to Thomas Altmann of QC Partners, the long-term direction of the Dax is currently uncertain.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
