24.04.2024 10:57:20 - dpa-AFX: DAX Gains As Business Sentiment Improves

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks traded higher on
Wednesday after survey data from the ifo Institute showed business sentiment in
the country improved in April.

The business confidence index climbed to 89.4 in April while economists had
forecast the score to rise moderately to 88.9 from March's initially estimated
value of 87.8.

The benchmark DAX was up 61 points, or 0.3 percent, at 18,199 after surging 1.6
percent the previous day.

Tech stocks advanced, with Infineon Technologies rising about half a percent.

Banks Commerzbank and Deutsche Bank were seeing modest gains.

Biotech Evotec SE slumped 32 percent after reporting its full-year results and
naming a new chief executive.



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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 7.972,27 06.05.24 10:31:30 +14,70 +0,18% - - 7.975,86 7.957,57
FTSE 100 969378 Financial Times SE 8.213,49 03.05.24 17:35:30 +41,34 +0,51% - - 8.172,15 -
DAX ® 846900 Xetra 18.055,82 06.05.24 10:31:42 +54,22 +0,30% - - 18.001,13 18.001,60
E-STOXX 50 ® 965814 STOXX Ltd. 4.930,30 06.05.24 10:31:30 +8,82 +0,18% 0,000 - 4.921,02 4.921,48

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