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tz-plus logo Middle East conflict continues to weigh on sentiment - Chip stocks plummet after disappointing margin outlook from TSMC - Hypoport under pressure after disappointing figures - Schaeffler notably firmer after UBS upgrade - Knorr-Bremse rises after JPMorgan study - Delivery Hero in focus after Uber offer - Cintas impresses with strong quarterly results!

M. Springman
Reading Time: 6 minutes

The DAX presents itself weaker on Thursday due to the escalating Middle East conflict. As the USA and its allies continue their attacks on Iran, a timely agreement on a peace deal with the Mullah regime seems unlikely, which, alongside the recently significantly increased oil prices, dampens sentiment. After a initially weak start, the DAX slid further into the loss zone, with a midday decline of -0.75 % recorded. More significant gains can be seen, among others, at Schaeffler (+2.9%) , after UBS upgraded its rating from "Sell" to "Neutral" and...

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