28.03.2024 09:44:28 - dpa-AFX: DAX Little Changed As Retail Sales Decline

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks were little changed on
Thursday after retail sales posted an unexpected decline in February,

Data from Destatis revealed that Germany's retail sales decreased 1.9 percent
from January, confounding expectations for an increase of 0.3 percent.

On a yearly basis, retail sales decreased 2.7 percent in real terms, worse than
economists' forecast of 0.8 percent drop.

The benchmark DAX was down 3 points at 18,473 after rising half a percent in the
previous session.

Stratec shares fell about 1 percent. The maker of analyzer and automation
systems for In-Vitro-Diagnostic registered a decline in net profit for the full
year, due to a fall in sales and increased expenses.

Wind turbine maker Nordex Group declined 1.4 percent despite securing a 264 MW
order from Lithuania.

Kontron, a IoT technology company, tumbled 3.5 percent after announcing its
full-year results for the fiscal year 2023.



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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 8.088,24 26.04.24 18:05:02 +71,59 +0,89% - - 8.072,23 8.088,24
FTSE 100 969378 Financial Times SE 8.139,83 26.04.24 17:35:30 +60,97 +0,75% - - 8.078,86 -
DAX ® 846900 Xetra 18.161,01 26.04.24 17:50:00 +243,73 +1,36% - - 17.920,73 18.161,01
E-STOXX 50 ® 965814 STOXX Ltd. 5.006,85 26.04.24 17:50:00 +67,84 +1,37% 0,000 - 4.950,22 5.006,85

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