After a previous week marked by losses, the leading index DAX DE0008469008 was moderately positive at 19,272 points around midday on Monday. No major price jumps are expected on Wall Street at the start of the week either.
“The nervousness before the US election can be felt everywhere – including in the financial markets,” said a comment from the broker eToro. At least in the short term, the election carries the risk of strong fluctuations on the stock markets. Therefore, investors had already reduced risks and sold shares in the previous week. “Wall Street had its sharpest sell-off in nine weeks”.
The MDax DE0008467416 of medium-sized stocks rose by 0.4 percent to 26,632 points. The EuroStoxx 50 EU0009658145, the leading index for the Eurozone, performed well.
When it comes to the individual stocks in the Dax, investors bet on Siemens Energy DE000ENER6Y0. The energy technology manufacturer’s shares reached another record high. The price has more than tripled since the beginning of the year.
Among the second-line stocks, Süss Microtec DE000A1K0235 rose by almost 3 percent. The manufacturer of chip manufacturing equipment is expanding capacity in Taiwan.
Evotec DE0005664809 shares jumped almost 8 percent. The active ingredient developer for the pharmaceutical industry will present business figures on Wednesday. At the beginning of August, the shares collapsed after a profit warning.
Shares of Fresenius Medical Care (FMC DE0005785802) rose 2.5 percent. According to dealers, there are higher reimbursements for dialysis services for kidney diseases in the USA.
The shares of the fertilizer producer K+S DE000KSAG888 increased in price by 3.5 percent. According to a report, Belarus could reduce potash production, which could lead to a shortage of supply.
