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DAX Today up 0.35% – Germany stocks mixed at close of trade

James Albert by James Albert
February 1, 2023
in Dax Index
0

Home » DAX Today up 0.35% – Germany stocks mixed at close of trade

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Germany’s stock markets were mixed after the close on Tuesday, with gains in the DAX [1] leading shares higher while losses in the Pharmaceuticals & Healthcare, Media and Construction sectors [2] led shares lower. This comes as investors around the world wait for the Federal Reserve to make its decision on whether to raise interest rates or not [3]. With labor data due this week and oil rebounding, the market is expecting a quarter of a percentage point increase, although Chair Jerome Powell will provide more information when he speaks to reporters after the decision is announced.

References:

[1] Germany stocks mixed at close of trade; DAX up 0.01% [

2] Germany stocks mixed at close of trade; DAX up 0.01% | One …

[3] U.S. stocks are rising after GM’s strong outlook as investors …

What are the DAX top gainers today?

Today’s DAX top gainers are Deutsche Bank [1], Infineon [1], Fresenius [1], and Covestro [1]. With a previous close of 12.34, 12.34, 12.15, and 12.36 respectively, Deutsche Bank, Infineon, Fresenius, and Covestro have all seen significant gains in their stock prices. Deutsche Bank currently stands at 12.36, an increase of 1.57%, while Infineon, Fresenius, and Covestro have gained 1.90%, 1.71%, and 1.59% respectively. Additionally, all of these stocks have seen their low prices increase, with Deutsche Bank’s opening low of 12.15 becoming 12.36, Infineon’s 33.22 becoming 34.48, Fresenius’ 26.17 becoming 26.83, and Covestro’s 42.01 becoming 42.31 [1].

References:

[1] DAX Kursindex Gainers and Losers – Markets Insider

[2] Top Gainers DAX 30 – Finscreener

[3] German (DAX) Household Stocks – Top Gainers Today

What are the DAX top losers today?

Today, the DAX top losers are, Siemens Healthineers [1], Hannover Rück [1], Brenntag [1], Deutsche Post [1], Mercedes-Benz Group [1], Sartorius vz. [1], Daimler Truck [1], BMW [1], Volkswagen [1], SAP [1], Porsche Automobil vz. [1], Deutsche Börse [1], MTU Aero Engines [1], HeidelbergCement [1], Porsche [2], Siemens [2], E.ON [2], and adidas [2]. All of these stocks have seen significant drops in market cap from the previous trading day. [3] Analysts believe that these stocks may be overvalued, and that their growth prospects may be limited. However, their valuations remain relatively high, and their growth rates are still relatively high compared to many other stocks. Furthermore, users can filter stocks based on a variety of factors. [2]

References:

[1] DAX Market Movers | DAX Gainers and Losers | Markets Insider

[2] Top Losers DAX 30 – Finscreener

[3] German (DAX) Consumer Services Stocks – Biggest Losers …

James Albert

James Albert

James Albert is a personal-finance analyst for FintechZoom and is based in New York. Contact: [email protected]

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