23.05.2024 10:56:14 - dpa-AFX: DAX Holds Steady As Business Activity Improves

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks held steady on Thursday
after the release of encouraging private sector PMI numbers.

The manufacturing sector's pace of contraction slowed in May and the services
sector outperformed, helping underpin sentiment.

The HCOB Manufacturing PMI improved to 45.4 from April's 42.5 while the Services
PMI rose from 53.2 to 53.9.

The benchmark DAX was up 22 points, or 0.1 percent, at 18,702 after falling 0.3
percent the previous day.

Nvidia's shares jumped nearly 7 percent in Frankfurt after record sales of
artificial intelligence chips sent the company's revenue soaring 262 percent in
the past quarter.

Ticketing firm CTS Eventim climbed 9 percent after Q1 EBITDA beat forecasts.

Merck KGaA, a leading science and technology company, was marginally higher
after it agreed to a $600m deal to buy life science company Mirus Bio.

Gerresheimer soared 12 percent. The packaging and medical equipment maker
Gerresheimer has signed a purchase agreement for acquiring Blitz LuxCo Sarl.



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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 7.503,27 14.06.24 18:05:02 -204,75 -2,66% - - 7.685,50 7.503,27
FTSE 100 969378 Financial Times SE 8.146,86 14.06.24 17:35:29 -16,81 -0,21% - - 8.163,67 -
DAX ® 846900 Xetra 18.002,02 14.06.24 17:50:00 -263,66 -1,44% - - 18.267,68 18.002,02
E-STOXX 50 ® 965814 STOXX Ltd. 4.839,14 14.06.24 17:50:00 -96,36 -1,95% 0,000 - 4.942,82 4.839,14

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