Friday, 12 June 2009
SCHOLARSHIP / Frankfurt up (Dax 1.07%), performance of Adidas
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The Frankfurt Stock Exchange finished higher Wednesday, but its earnings have sagged, however, from mid-day because of signs of fatigue on Wall Street.
Starring Dax index ended up 1.07% to 5051.18 points, after having climbed to 2.7% during the meeting. On MDAX gained 1.7% to 5887.02 points.
The manufacturer of sportswear Adidas dominated Dax (+7.32% to 27.71 euros). The group benefited from a positive recommendation by HSBC for it, thanks to promising prospects in 2010 with the World Cup in South Africa, including the German mark is an official partner.
The values of raw materials have enjoyed a renewed optimism on the global economy: and conglomerate ThyssenKrupp was 3.68% to 20.30 euros and the German giant Salzgitter steel of 3.47% to 67 00 euros, the industrial gases specialist Linde 2.88% to 61.74 euros.
The pharmacist Merck KgaA gained 3.66% to 71.31 euros. One operator interviewed by Dow Jones Newswires interpreted the rise of the day as a "snowball" the title is up nearly 10% within a month.
Metro, which always wants to redeem the Karstadt department stores to Arcandor after bankruptcy it won 2.74% to 36.33 euros, despite a suspension of talks between the two groups Wednesday.
On the MDAX course Arcandor extremely volatile in recent days, took off from 29.47% but the share price remains at its lowest, to 0.74 euros. Besides Metro, other potential buyers of some of its activities have emerged in the press.
Lufthansa has finished in the red (-0.57% to 9.56 euros) after his pessimistic boss Wolfgang Mayrhuber. He said to expect a 20% decline in turnover of the group in 2009, suffered a decline in demand and a resurgence in oil prices.
by erectusplus at 04:18 |
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