Important data from the US was on the agenda for the afternoon. Minutes of the Fed’s latest meeting were expected in the evening, from which market participants hoped for indications of a future rate hike.
CTS Eventim expands its profits
On the German stock market, the canceled buy recommendation weighed on Siemens Healthineers, which was at the bottom of the DAX with a minus of about three percent. At the top of the DAX, shares of Siemens’ other subsidiary, Siemens Energy, rose 2.2 percent.
CTS Eventim extended its earnings the day before, up 3.6%. Badir Bank raised the stock level. In the weak real estate sector, TAG Immobilien extended its losses the previous day with the lowest level since 2011, the latest decline being 4.9 percent.
After a buy recommendation from Warburg Research, wind farm project developer PNE shares rose to their highest level since 2002 and recently gained nearly nine percent. Uniper Paper, which has recently experienced strong volatility, fell 4.4 percent.
Shares of sports car maker Porsche fell 2.6 percent after a record rally. The story of the still young stock market of Volkswagen’s subsidiary Volkswagen has been quite successful so far, the day before the company’s valuation reached the €100 billion mark. The rise of Dax is imminent.
The price of the euro reached 1.0327 dollars this afternoon. The European Central Bank (ECB) set the reference rate slightly lower on Tuesday at $1.0274.
In the bond market, the current yield has fallen from 2.00% the day before to 1.99%. The Rex pension index rose 0.35 percent to 127.94 points. Bond futures fell 0.2 percent to 140.14 points.
© dpa-infocom, dpa: 221123-99-628405/5