Oil price increase and Iran conflict slow down DAX - RWE in demand after offshore wind auction in the UK - Essilor/Luxottica benefits from HSBC upgrade - SharkNinja in focus after Buy rating from Oppenheimer, Adient benefits from UBS upgrade!
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The DAX is showing slight losses at mid-week following weaker cues from Wall Street. Strong import and export data from China initially provided momentum for the German index, but amid the challenging geopolitical landscape and the forthcoming quarterly reporting season, the DAX has faced profit-taking. Currently, the DAX at noon is down -0.36% more noticeably. Notable gains are particularly evident for RWE (+1.58%) , after the energy provider received awards for a capacity of 6.9 GW in the context of the seventh auction round (AR7) of the recent...
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