DAX stabilizes - Cancom significantly stronger after Jefferies upgrade to Buy – Siemens in focus after top price target from JPMorgan - Snowflake and Pure Storage gain double digits after strong Q2 numbers!
Reading Time: 6 minutes
The DAX is holding up well on Thursday after a weaker performance in recent trading days, with the German benchmark index currently trading at +0.03% around the level of the previous day. At the start of trading, cyclical stocks are in demand, especially LANXESS (+2.75%), Salzgitter (+2.64% ) and the industrial group Siemens (+1.65%) , which benefits from a positive analyst comment from JPMorgan. In contrast, there are significant declines for Delivery Hero (-2.45%) , as the food delivery service revised its profit forecast downward the night...
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