BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks eked out modest gains on
Friday after the release of latest unemployment as well as import and export
price data.

The number of people out of work in Germany rose more than expected in June,
Federal Labour Office figures showed.

Import prices declined at the weakest pace in the current sequence of decreases,
which started in March 2023, data released by Destatis showed.

Export prices registered an annual increase of 0.2 percent after a 0.2 percent
drop in April. This marked the first rise in two years.

The German DAX was up 79 points, or 0.4 percent, at 18,289 after closing up 0.3
percent in the previous session.

In corporate news, Deutsche Beteiligungs shares plunged 5.4 percent. The capital
market company said it plans to issue convertible bonds due 2030 in an aggregate
principal amount of 100 million euros.

The bonds are convertible into new and/or existing no-par value registered
shares in the company.

Delivery Hero SE shares fell 2.3 percent. The online food delivery platform has
announced that Marie-Anne Popp will take on the responsibility of interim Chief
Financial Officer (CFO), effective from 1st July 2024 after current CFO Emmanuel
Thomassin resigned with immediate effect to pursue other opportunities.



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