Stock exchange in Frankfurt: Dax in the red - impetus missing

The German stock market went down slightly on Tuesday.

Stock exchange in Frankfurt: Dax in the red - impetus missing

The German stock market went down slightly on Tuesday. At lunchtime, the leading index Dax lost 0.20 percent to 14,418.53 points. The MDax for medium-sized stocks was down 0.37 percent to 25,808.28 points, the leading eurozone index EuroStoxx 50 fell by 0.18 percent to 3949.38 points.

Again, there was no tailwind from the overseas stock exchanges. On the US market, there had been a clear setback at a high level the day before. In Asia, a consistent trend was missing after a strong start to the week in China and Hong Kong. Important economic data was also scarce. Incoming orders for industry in Germany in October rose more sharply than expected compared to the previous month.

Eckert stood out in the important German share indices

In the Dax, Fresenius Medical Care (FMC) shares led the list of losers with minus 3.7 percent. After only two months there is the next change of management at the troubled dialysis company. Talanx titles gained 2.8 percent at the top of the MDax. According to dealers, the insurance group's announced dividend increase is more significant than expected on the market.

The best SDax value with an increase of almost ten percent was PVA Tepla. The investment bank Oddo BHF upgraded the shares twice. A benevolent study by the Swiss bank Credit Suisse helped the utility RWE to top the Dax with a plus of 1.4 percent. On the other hand, Fraport was one of the biggest losers in the MDax with a price drop of two and a half percent. The US bank JPMorgan currently prefers other infrastructure stocks to the Frankfurt airport operator.

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