US EditionEurope Close: Carmakers Lead Rally Amid 'Fractured' Sentiment
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5 Articles
The DAX closed the week higher. The index was calculated at 24,028 points at the close of Xetra trading, a gain of 0.6 percent compared to the previous day's close. After a positive start, the DAX recorded further gains throughout the day. "Investors continue to buy shares of the DAX 40 companies and are increasingly focusing on cyclical sectors," commented market analyst Andreas Lipkow. "The current favorites for 2025 are particularly in deman…
The share price gains at Porsche, BMW and Mercedes and prospects of lower interest rates in the USA are driving the DAX. Investors speculate that the EU will cash in the planned combustion engine exit again. In the USA, investors are betting on an interest rate cut in the coming week.
Today, the car sector is setting a clear exclamation mark on the German stock exchanges. Mercedes-Benz and Porsche Holding are benefiting noticeably from an optimistic revaluation by the Bank of America. Investors react promptly – share prices are rising.
SK last day L&S indication Porsche Automobil Holding PAH3 37.54 (03.12.) 38.96/ 38.99 3.82% 09:51:35 Mercedes-Benz Group DAI 57.65 (03.12.) 59.79/ 59.82 3.74% 09:51:24 BMW BMW 89.18 (03.12.) 91.92/ 91.96 3.09% 09:51:36 Volkswagen Vz. VOW3 102.85 (03.12.) 105.85/ 105.95 2.97% 09:51:23 Siemens Energy ENR 114.05 (03.12.) 117.05/ 117.10 2.65% 09:51:37 Deutsche Boerse DB1 224.00 (03.12.) 222.30/ 222.50 -0.71% 09:51:07 Scout24 G24 88.00 (03.12.) 86.80…
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