Frankfurt Stock Exchange, about dts
Frankfurt Stock Exchange, about dts

DAX slips into the red - auto stocks weak

At the end of the week, the DAX has waned.

At the Xetra close of trading, the index was calculated at 12.313,36 points, a decrease of 0,54 percent compared to the previous day's close. According to market observers, rising infection numbers in Europe and the US are making investors nervous.

Shortly before close of trading, Wirecard's highly volatile shares were at the top of the list with an increase of more than two percent. Of the remaining stocks, MTU Aero Engines' shares showed the strongest gains of over one percent, followed by papers from Linde and Infineon. Covestro's stocks were trading at a dividend discount and shortly before close of trading were at the bottom of the list with price drops of over four percent, behind the shares of Continental and Volkswagen, both of which were down two percent. The gold price benefited, with $ 1.976,23 (+0,85 percent) paid for one troy ounce in the afternoon. This corresponds to a price of 53,69 euros per gram.

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