05.07.2024 10:50:25 - dpa-AFX: DAX Gains Before French Runoff Election
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks advanced on Friday after
opinion polls predicted that the second-round run-off vote in France's
parliamentary election on Sunday might lead to a hung parliament with no clear
majority.
Meanwhile, investors shrugged off official data that showed German industrial
production declined unexpectedly in May, largely driven by substantial decreases
in the automotive industry.
Industrial production posted a monthly decline of 2.5 percent in May, reversing
a revised 0.1 percent rise in April, Destatis reported. Output was expected to
grow 0.2 percent.
On a yearly basis, industrial output declined sharply by 6.7 percent, after a
3.7 percent fall seen in April.
The benchmark DAX was up 151 points, or 0.8 percent, at 18,602 after rising 0.4
percent in the previous session.
Aixtron SE shares jumped more than 15 percent. The company, which supplies
deposition equipment for chipmakers, announced healthier-than-expected
second-quarter orders.
Automakers BMW, Mercedes Benz and Volkswagen were trading higher as steep
tariffs on Chinese imports took effect.
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Copyright RTT News/dpa-AFX
|
Name |
WKN |
Börse |
Kurs |
Datum/Zeit |
Diff. |
Diff. % |
Geld |
Brief |
Erster |
Schluss |
![](/mel/img/quote_button.gif) |
CAC 40 |
969400 |
Paris |
7.449,70 |
16.08.24 18:05:02 |
+26,33 |
+0,35% |
- |
- |
7.442,30 |
7.449,70 |
![](/mel/img/quote_button.gif) |
FTSE 100 |
969378 |
Financial Times SE |
8.311,41 |
16.08.24 17:35:30 |
-35,94 |
-0,43% |
- |
- |
8.347,35 |
- |
![](/mel/img/quote_button.gif) |
DAX ® |
846900 |
Xetra |
18.322,40 |
16.08.24 17:50:00 |
+139,16 |
+0,77% |
- |
- |
18.236,02 |
18.322,40 |
![](/mel/img/quote_button.gif) |
E-STOXX 50 ® |
965814 |
STOXX Ltd. |
4.840,52 |
16.08.24 17:50:00 |
+32,75 |
+0,68% |
0,000 |
- |
4.813,72 |
4.840,52 |