DAX Surpasses 25,000 as Deutsche Telekom Shares Retreat Sharply
After turbulence in oil and bond markets, investors find some hope heading into the weekend, but a sustainable easing is still far away.
After turbulence in oil and bond markets, investors find some hope heading into the weekend, but a sustainable easing is still far away.
Nvidia’s earnings report affected the chip sector, but its effect on the overall German market was small. The DAX closed higher, and Deutsche Telekom’s stock reacted to a Handelsblatt investigation. Buyers and sellers continued to stay noticeably on the sidelines.
The DAX index closed unchanged on Monday despite geopolitical tensions between the USA and Iran. Deutsche Telekom share declined following a Handelsblatt report, while an SDax-listed company gained almost 88 percent. Heidelberg share lost nearly 10 percent.