FRANKFURT (Dow Jones) – Some of the losses of the previous trading price recovers , the German stock market has started in on Monday . Market players point to the stock indices on Wall Street that would have dissolved in the late Friday’s business from its day’s low. (Photo : Dt. Börse)
"More than one caused by technical counter-reaction is not , however, the uncertainty about the economic development in the United States rests on the stock prices , "said one dealer.
In the early business melt the plus sign then already back then , the DAX up 9.55 clock only by 0.2 % or 11 points to 6017 . Charttechnisch the leading index in the range of 6062 and 6094 points, meets resistance, it is supported at the level of 6000 and 5885 points. In the second row is for the MDAX according to a 8190 points up. The TecDAX is 0.1 % or one after to 742 points.
For new impetus in the morning should provide the first publication of the purchasing managers index for manufacturing industry and service sectors in the euro zone in August. It could be decoupled from the ongoing fantasies malade U.S. economy to new food.
From overseas is in the afternoon with the Chicago Fed National Activity Index – another by a regional Federal Reserve Bank calculated a barometer on the program. The so -called CFNAI have attached the capital markets in the past but always less attention than, say, the Philly Fed and the Empire State Index.
The biggest winners so far are DAX- Merck KGaA, for it is about 1.8% to 68.49 EUR up. The analysts of UniCredit have raised the shares of pharmaceutical and specialty chemicals company to "Buy "from" Hold "and the price target to 82 EUR from 64 EUR . A successful integration of Millipore for the stock price could represent the turning for the better.
K + S to increase by 0.7% to 42.91 EUR . A report by the news agency "Bloomberg "reports the Canadian Potash Kalihersteller hasten the fight against the unwanted takeover by BHP Billiton may Sinochem , the Chinese and Brazilian Vale to help. " BHP Billiton not at Potash Come to the train, the market believes that K + S will be interesting, " says one dealer.
We are looking for the supplier title. The nuclear industry will get around to a report in the Süddeutsche Zeitung that expected for a second nuclear power output. About the fuel tax would also be no additional charge to any appreciable extent , according to the sheet. E. ON put at 0.3% to 22.74 EUR , RWE more expensive by 0.3 % to 53.52 EUR .
At the other end of the slip rate Beiersdorf give 0.8 % to 42.13 EUR for Metro cheaper by 0.8 % to 39.90 EUR . adidas give 0.7 % to 40.74 EUR . In the second row is for Sky Germany by 5.6 % to 0.97 EUR up. The pay- TV channel wants to join forces in the fight for more customers with cable operators. News Corp, Dow Jones and the news agency and that such a part, is at present involved with Sky Germany 45.42 %.
DJG / jej / FLF / voi