Boredom will not be an issue on the German stock market at the end of the week. The DAX, which still posted slight gains of 0.2 percent to 15,534 points in Thursday’s trading, is currently valued at 15,485 points lower once more. Negative guidance from Wall Street weighs on it. But there is a lot to do during the day.
For example, the reporting season awaits with business results from DAX companies Mercedes-Benz, Allianz and Sartorius on. From abroad there are figures from EdF, Swiss Re, Air France-KLM, H&M and Safran. Their books also open Douglas and Uniper. Car titles might not only be in focus because of the Mercedes data: the industry association THAT publishes new registration figures.
On the economic side, the German will already be in the morning producer prices as well as Order backlog and days’ supply published in manufacturing. The Federal Statistical Office already presents the producer price data in the morning: The prices collected from the producers are considered to be a precursor for the development of the cost of living. If producers raise or lower their prices, this is usually reflected in consumer prices with some delay. At the beginning of the year, the inflation rate did not rise as much as feared, but remains at a high level of 8.7 percent.
On February 27, the industrial gases giant Linde said goodbye to the Frankfurt Stock Exchange. The American-German company only wants to be listed in New York in the future – a great loss for the financial center Frankfurt. In the late evening, Deutsche Börse wants to decide who will replace the heaviest value in its leading index, the Dax. The return of Commerzbank is now considered certain following it reported black numbers for the past year just in time – that is the prerequisite for entry into the Dax. In terms of stock market value, the bank would have qualified earlier, and at the end of January it was ahead of the armaments group Rheinmetall. The new Dax heavyweight is the software group SAP.
