The commercial real estate specialist sees itself on course for its annual targets announced in the summer.
The commercial real estate specialist sees itself on course for its annual targets announced in the summer.
The Continental papers rose at the top of the Dax by a good six percent. Analyst Gabriel Adler from the US bank Citigroup spoke of an attractive buying opportunity at the auto supplier. Conti was put into the pot of losers by investors. But this could change again now if the management shows its technological qualities and the robust tire business better.
The Deutz shares, on the other hand, fell by around ten percent, bottoming out in the SDax small cap index. The engine manufacturer had prepared its investors for a slower business recovery.
There was also a clear upward trend across Europe: the EuroStoxx 50, as the leading barometer for the Eurozone, posted a premium of 1.30 percent to 3507.98 points, the French Cac 40 and the British FTSE 100 recorded similarly strong gains. The New York Dow Jones Industrial broke the 30,000 mark for the first time in its history and was 1.6 percent higher at the close of European trading.
The euro fell. The European Central Bank set the reference rate at 1.1865 (Monday: 1.1901) US dollars. The dollar cost 0.8428 (0.8403) euros. The current yield on the bond market remained at minus 0.58 percent. The Rex bond index fell by 0.03 percent to 146.11 points. The Bund future fell 0.11 percent to 175.22 points./la/he— By Lutz Alexander, dpa-AFX —
FRANKFURT (dpa-AFX) – Despite strong guidelines from Wall Street, the German stock market should start only slightly changed in the middle of the week.
