Investors on the German stock market continue to have a firm grip on interest rates and thus also on the economy. The leading index Dax was down 0.16 percent on Thursday afternoon at 15,764.38 points. The MDax of medium-sized companies lost 0.69 percent to 27,624.54 points. The Eurozone leading barometer EuroStoxx 50 lost 0.44 percent.
Adidas shares increased by 1 percent. According to a report by the TV station CNBC-TV18, the shoe company Bata is in talks with Adidas about a cooperation in India. The talks are at an advanced stage and the framework for cooperation is emerging, according to informed persons. Bata India shares rose nearly 6 percent in Mumbai.
Away from the major indices, Aumann’s shares rose by almost one percent and thus benefited from a confident comment from the private bank Berenberg. The special machine manufacturer with a focus on electromobility is an early-cycle company and a bet on the expected high growth in this area, wrote analyst Yasmin STeilen. In the coming quarters, Aumann should benefit from attempts by European carmakers to regain market share in the e-vehicle sector.