13.05.2024 10:49:40 - dpa-AFX: DAX Slips As Investors Await US Inflation Data

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks traded slightly lower on
Monday as investors digested mixed inflation data from China and awaited U.S.
inflation data due later this week for directional cues.

The benchmark DAX was down 25 points, or 0.1 percent, at 18,748 after rising
half a percent on Friday.

IT company Q.beyond rose 1.4 percent after narrowing its Q1 loss and confirming
2024 outlook.

Adesso SE slumped 4.5 percent. The IT services provider reported that its
first-quarter consolidated loss was 3.30 million euros, compared to prior year's
profit of 2.02 million euros.

Ceconomy added nearly 2 percent after the electronics retailer said it expects
adjusted earnings for fiscal 2024 to be above analysts' expectations.



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 8.132,49 27.05.24 18:05:02 +37,52 +0,46% - - 8.088,34 8.094,97
FTSE 100 969378 Financial Times SE 8.317,59 24.05.24 17:50:00 -21,64 -0,26% - - 8.339,23 -
DAX ® 846900 Xetra 18.774,71 27.05.24 17:50:00 +81,34 +0,44% - - 18.703,13 18.693,37
E-STOXX 50 ® 965814 STOXX Ltd. 5.059,20 27.05.24 17:50:00 +23,79 +0,47% 0,000 - 5.038,92 5.035,41

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH