Slightly rising prices thanks to good specifications from Wall Street and China shaped the picture on the German stock market on Tuesday. The Dax continued to stabilize above 15,500 points. In early trading, the leading index rose by 0.75 percent to 15,720 points. The MDax of medium-sized titles gained almost one percent to 27,243 points. The leading eurozone index, the EuroStoxx 50, rose at a similar rate.
The evening before in New York, the courses had picked up speed again after the European close of trading. The leading index, the Dow Jones Industrial, largely made up for interim losses. In China, meanwhile, there was no new, bad news, and the stock exchanges in Shanghai and Hong Kong went up.
In the Dax, SAP shares rose by 1.5 percent after Metzler Bank included the software developer's shares in its rating of "buy".
A higher price target by Berenberg Bank for shares in the online pharmacy Redcare Pharmacy caused the price to rise by 3.4 percent.
Among the second-line stocks, Nordex also gained 3.5 percent, supported by a major order from Canada for 49 wind turbines.
The papers of SFC Energy even gained almost eight percent. The fuel cell producer earned more than expected in the second quarter.Date Of Update: 22 August 2023, 14:02