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23.04.2024 10:50:17 - dpa-AFX: DAX Climbs As Business Activity Returns To Growth
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks climbed on Tuesday after
a preliminary survey showed private sector activity in the country unexpectedly
returned to growth in April as the services sector outperformed.
The HCOB German Flash Composite Purchasing Managers' Index (PMI), compiled by
S&P Global, rose to 50.5 from 47.7 in March - clinching a ten-month high.
Expectations of interest rate cuts by the European Central Bank and the Bank of
England also helped underpin investor sentiment.
The benchmark DAX was up 125 points, or 0.7 percent, at 17,985 after rising 0.7
percent in the previous session.
SAP AG shares surged 4 percent. The software maker reaffirmed its outlook for
2024 after Q! cloud revenue increased 24 percent to 3.93 billion euro.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
a preliminary survey showed private sector activity in the country unexpectedly
returned to growth in April as the services sector outperformed.
The HCOB German Flash Composite Purchasing Managers' Index (PMI), compiled by
S&P Global, rose to 50.5 from 47.7 in March - clinching a ten-month high.
Expectations of interest rate cuts by the European Central Bank and the Bank of
England also helped underpin investor sentiment.
The benchmark DAX was up 125 points, or 0.7 percent, at 17,985 after rising 0.7
percent in the previous session.
SAP AG shares surged 4 percent. The software maker reaffirmed its outlook for
2024 after Q! cloud revenue increased 24 percent to 3.93 billion euro.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
CAC 40 | 969400 | Paris | 7.957,57 | 03.05.24 18:05:02 | +42,92 | +0,54% | - | - | 7.943,87 | 7.914,65 |
|
FTSE 100 | 969378 | Financial Times SE | 8.213,49 | 03.05.24 17:35:30 | +41,34 | +0,51% | - | - | 8.172,15 | - |
|
DAX ® | 846900 | Xetra | 18.001,60 | 03.05.24 17:50:00 | +105,10 | +0,59% | - | - | 17.900,15 | 17.896,50 |
|
E-STOXX 50 ® | 965814 | STOXX Ltd. | 4.921,48 | 03.05.24 17:50:00 | +30,87 | +0,63% | 0,000 | - | 4.901,04 | 4.890,61 |
