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03.05.2024 10:55:49 - dpa-AFX: DAX Inches Higher On ECB Rate Cut Hopes
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks were modestly higher on
Friday after European Central Bank policymaker Yannis Stournaras said he sees
three rate cuts in 2024.
Stournaras reportedly said in an interview that three rate cuts in 2024 is the
more likely scenario after considering recent growth and inflation data.
The benchmark DAX was up 62 points, or 0.4 percent, at 17,958 after losing 0.2
percent in the previous session.
In corporate news, Daimler Truck Holding slumped 5 percent after reporting a
decline in Q1 global sales.
Deutsche Wohnen dropped 1.2 percent. The real estate company registered a net
profit for the first quarter of 99.3 million euros, compared with a loss of
667.9 million euros, posted for the same period last year.
Krones, a packaging and bottling machine maker, declined 1.4 percent despite
posting higher Q1 profit and confirming its FY24 outlook.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
Friday after European Central Bank policymaker Yannis Stournaras said he sees
three rate cuts in 2024.
Stournaras reportedly said in an interview that three rate cuts in 2024 is the
more likely scenario after considering recent growth and inflation data.
The benchmark DAX was up 62 points, or 0.4 percent, at 17,958 after losing 0.2
percent in the previous session.
In corporate news, Daimler Truck Holding slumped 5 percent after reporting a
decline in Q1 global sales.
Deutsche Wohnen dropped 1.2 percent. The real estate company registered a net
profit for the first quarter of 99.3 million euros, compared with a loss of
667.9 million euros, posted for the same period last year.
Krones, a packaging and bottling machine maker, declined 1.4 percent despite
posting higher Q1 profit and confirming its FY24 outlook.
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 | 8.167,50 | 17.05.24 18:05:02 | -20,99 | -0,26% | - | - | 8.176,79 | 8.167,50 |
|
FTSE 100 | 969378 | Financial Times SE | 8.420,26 | 17.05.24 17:35:29 | -18,39 | -0,22% | - | - | 8.438,65 | - |
|
DAX ® | 846900 | Xetra | 18.704,42 | 17.05.24 17:50:00 | -34,39 | -0,18% | - | - | 18.713,25 | 18.704,42 |
|
E-STOXX 50 ® | 965814 | STOXX Ltd. | 5.064,14 | 17.05.24 17:50:00 | -8,31 | -0,16% | 0,000 | - | 5.061,44 | 5.064,14 |
