Government Crisis in France Slows DAX at Week Start - Hannover Rück Benefits from Higher Payout Ratio - Redcare Moves Significantly Higher after Strong Sales Figures - FireFly up 17% after SciTec Acquisition!
Reading Time: 5 minutes
The DAX is showing slight declines at the beginning of the new trading week. After an initially stable market opening, the German benchmark index struggled with profit-taking, with the DAX currently standing marginally higher at +0.01% during midday. The ongoing government crisis in France, following the unexpected resignation of French Prime Minister Sébastien Lecornu , is currently causing concern. Notable gains are particularly visible on Monday for Hannover Rück (+1.79%) , after the reinsurer significantly raised its payout ratio. Münchener...
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