The Dax missed another jump above the 17,000 mark on Friday. After approaching this hurdle to within a few points, investors balked again. The guidelines from Wall Street were mixed and therefore did not provide any upward momentum.
The leading German index ended trading with a loss of 0.22 percent to 16,926.50 points, which means that it remained stable over the course of the week. The MDax of the 50 medium-sized stocks also fell on Friday by 0.22 percent to 25,728.84 points.
Moderate losses were also recorded across Europe, for example in Paris and London. The Eurozone leading index EuroStoxx 50 temporarily reached its highest level since 2001 and ultimately ended the day with a gain of 0.11 percent to 4,715.87 points. In the USA, the Dow Jones Industrial recently fell slightly, but the broad S
As the bottom of the DAX, Siemens lost 2.5 percent. The share suffered from profit-taking after the record high reached the day before in the quarterly balance sheet.
Beiersdorf shares were caught in the wake of disappointing figures from the cosmetics group L’Oreal and fell by 1.4 percent. The energy industry was overshadowed by a profit warning from the Austrian utility Verbund. RWE fell by 1.5 percent and Eon lost 0.5 percent.
At the top of the DAX, the Infineon share continued its recovery from the previous day with an increase of 1.5 percent. In general, the mood for semiconductor stocks on both sides of the Atlantic remains brilliant, with stocks such as Siltronic, Aixtron, PVA Tepla and Süss Microtec making significant gains in the lower ranks of the stock exchange.
On the foreign exchange market, the euro was last traded at $1.0781. The European Central Bank set the reference rate at 1.0772 (Thursday: 1.0758) US dollars. The dollar therefore cost 0.9283 (0.9295) euros.
On the bond market, the current yield on German federal bonds rose from 2.32 percent the day before to 2.37 percent. The Rex bond index fell by 0.27 percent to 125.35 points. The Bund future fell by 0.05 percent to 133.31 points.
