DAX remains well supported despite correction in the semiconductor sector - Chip stocks under pressure after profit-taking at Micron and SK Hynix - Bayer benefits from Deutsche Bank study - CTS Eventim rises after upgrade by Oddo BHF - iPhone manufacturer Apple ahead of model offensive - Progress Software rallies after earnings and forecast revision!
Reading Time: 8 minutes
The DAX is holding up well on Thursday despite rather mixed signals from the US technology sector. After a cautious start to trading, the German benchmark index was able to gain slightly in the further course, buoyed by falling oil prices, and is showing a increase of +0.4% at noon. Significant gains are evident at the start of trading, particularly for Bayer. The pharmaceutical and agrochemical company announced this morning the spin-off of its US business involving the controversial herbicide glyphosate into a separate company named Ruveon....
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