01.07.2024 11:02:40 - dpa-AFX: DAX Gains On Relief At French Election Results

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks advanced on Monday as
investors reacted positively to the first round of the French election results.

French far-right's significant win in the first round of parliamentary elections
wasn't as impressive as expected, leaving the final result dependent on party
deals before a second-round next weekend.

Meanwhile, investors shrugged off the results of a survey showing that Germany's
manufacturing sector experienced a fresh setback at the end of the second
quarter.

The HCOB final Purchasing Managers' Index (PMI) for German manufacturing fell to
43.5 in June from 45.4 in May, confirming a preliminary flash estimate.

The benchmark DAX was up 95 points, or half a percent, at 18,331 after edging up
0.1 percent on Friday.

Wind turbine manufacturer Nordex fell about 1 percent despite receiving an order
from Aquila Clean Energy for 123.9 MW in Spain.



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 7.694,31 04.07.24 14:38:45 +62,23 +0,82% - - 7.677,34 7.632,08
FTSE 100 969378 Financial Times SE 8.257,75 04.07.24 14:38:49 +86,63 +1,06% - - 8.171,12 -
DAX ® 846900 Xetra 18.439,76 04.07.24 14:38:50 +65,23 +0,35% - - 18.375,96 18.374,53
E-STOXX 50 ® 965814 STOXX Ltd. 4.987,75 04.07.24 14:38:45 +21,95 +0,44% 0,000 - 4.972,67 4.965,80

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