DAX starts the new week strong despite further escalation in the Middle East conflict - Pfisterer benefits from LBBW upgrade - Fresenius firm after analyst comments from Deutsche Bank - MWB expects strong Q2 figures from Nordex - Salzgitter sought after forecast increase - JENOPTIK in focus following study - Travelers with significant gains post earnings!
Reading Time: 6 minutes
The DAX shows a solid performance at the beginning of the new trading week despite the continued escalation in the Middle East conflict. After a cautious opening, the DAX managed to stabilize further and is trending slightly higher at midday with gains of +0.45% . More significant gains can be observed at the start of trading, particularly among shares of Deutsche Rohstoff AG (+2.5%) and the biodiesel producer Verbio (+4.9%) , which benefit from the further rise in oil prices, while Pfisterer also gains nearly 2% following an upgrade from LBBW...
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