Rising oil prices and weak US indicators weigh down - Renk benefits from JPMorgan study - Deutsche Rohstoff AG strengthens due to strong quarterly figures and rising oil prices - Jungheinrich in focus after Bernstein Buy rating - Pfisterer under pressure after disappointing order intake - Fabrinet collapses after weak outlook - Baidu down double digits after disappointing quarterly results!
Reading Time: 7 minutes
The DAX presents itself with declines again at midweek following the pullback on Tuesday. In light of weak indicators from Asia and North America as well as rising oil prices, the German benchmark index started the morning with slight losses. By noon, the DAX is currently down around -0.20% , continuing its correction from the previous day. One of the standout performers on Wednesday is Renk (+2.7%) , after JPMorgan expressed further optimism about the outlook for the defense specialist in a report. The analysts see Renk as an "attractive takeover...
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