FRANKFURT (Dow Jones) – The general price weakness from the previous day claimed the German equities are well into the last session of the week gone. They take place so that the gains on Wall Street in late trading after Thursday. There, the courses had recovered strongly in the last 40 minutes of trading from weak economic data. The DAX 9.35 sets against clock by 0.2 % or 17 points to 6166 . (Photo : Dt. Börse)
Memo , the situation is thin. The market is waiting in particular to figures from General Electric, Bank of America and Citigroup. Technically, the DAX on the 90 -day line is supported at 6066 meters , lies with the previous day’s high of 6248 , according to traders a resistance.
The Norwegian fertilizer producer Yara International has tripled in the second quarter net profit more than. Higher margins and better utilization have driven the profit. This provides for purchases of shares of the Kassel fertilizer producer K + S, the papers drawn up by 2.2 % to 38.73 EUR . Yara rise in Oslo by 4.4 % to 220.90 NOK .
From the series , the company E. ON and RWE, with high shear -rate losses . The German nuclear industry should pay according to a report in the Sueddeutsche Zeitung in return for an extension of the power plant running times per year 4 billion to 5 billion EUR. E. ON pay the face of these possible payments 2.3% to 22.36 EUR and RWE, a 2.7% to 52.30 EUR . Because of the high index weight of the two utilities stocks also slow down the DAX.
Siemens will benefit from the fact that Morgan Stanley has raised the price target for the stock by 6 to 82 EUR and drop by 1.2 % to 75.97 EUR . Linde gain 0.9% to 88.72 EUR , after Goldman Sachs price target has increased by 12 to 110 EUR .
A purchase is again the automotive stocks. Says BMW to increase by 0.5%, 1% Daimler and VW preferred shares by 1.6 %. Continental expensive by 1.1 %. This continues the above-average development of the sector in recent weeks.
The shares of the Hamburg copper melt Aurubis rise by 0.5 % to 35.26 EUR HSBC after the bank has the stock to " Neutral " stepped up . IVG give up 1.9 % to 5.15 EUR , Goldman Sachs has lowered the price target by 1 to 4.40 EUR .
DJG / bek / gei / dok