15.07.2024 10:49:10 - dpa-AFX: DAX Dips On Weak China GDP Data

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks edged lower on Monday as
China's GDP data disappointed and investors weighed the impact of the attempted
assassination of former President Donald Trump.

China's GDP expanded 4.7 percent year-on-year in the second quarter of 2024, the
National Bureau of Statistics said.

That was shy of expectations for an increase of 5.1 percent and down from 5.3
percent in the three months prior.

The benchmark DAX dropped 38 points, or 0.2 percent, to 18,710 after rallying
1.1 percent on Friday.

BayWa AG, a trading logistics, and supplementary services provider, plummeted 29
percent after saying it has sought a restructuring opinion in response to a
challenging financing situation.

Medical software firm CompuGroup Medical rose 1.3 percent after reporting its Q2
results.

Nordex Group shares fell 26 percent after an update that it has secured 3,357 MW
of orders in its Projects segment, excluding service business, in the first half
of 2024.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAC 40 969400 Paris 7.509,85 19.08.24 17:18:15 +60,15 +0,81% - - 7.445,31 7.449,70
FTSE 100 969378 Financial Times SE 8.367,25 19.08.24 17:18:16 +55,84 +0,67% - - 8.311,41 -
DAX ® 846900 Xetra 18.431,66 19.08.24 17:18:17 +109,26 +0,60% - - 18.312,51 18.322,40
E-STOXX 50 ® 965814 STOXX Ltd. 4.872,24 19.08.24 17:18:15 +31,72 +0,66% 0,000 - 4.838,02 4.840,52

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