Stock winners 2023: Frankfurt tops Dax - small and medium-sized companies achieve the best price development in major German cities.
According to a report from www.morgenpost.de, the article reports on how the stock prices of major German cities compare to each other. Frankfurt am Main was ahead with a price increase of 16 percent, followed by Cologne/Düsseldorf, Munich and Hamburg. Berlin, on the other hand, recorded losses of around seven percent. This analysis shows that listed companies from Frankfurt am Main performed better last year than companies from other major cities in Germany. What is particularly interesting is that small and medium-sized companies were able to outperform the large DAX stocks. In each of the five metropolitan areas examined, these smaller companies had the best share price performance. The hype about the “weight loss injection” in the pharmaceutical and ...

Stock winners 2023: Frankfurt tops Dax - small and medium-sized companies achieve the best price development in major German cities.
According to a report by www.morgenpost.de,
The article reports on how the share prices of large German cities compare to each other. Frankfurt am Main was ahead with a price increase of 16 percent, followed by Cologne/Düsseldorf, Munich and Hamburg. Berlin, on the other hand, recorded losses of around seven percent.
This analysis shows that listed companies from Frankfurt am Main performed better last year than companies from other major cities in Germany. What is particularly interesting is that small and medium-sized companies were able to outperform the large DAX stocks. In each of the five metropolitan areas examined, these smaller companies had the best share price performance.
The hype surrounding the “weight loss injection” in the pharmaceutical and cosmetics industry led to the packaging manufacturer Gerresheimer in Cologne/Düsseldorf taking first place and achieving price gains of over 46 percent. In Munich, the software manufacturer Nemetschek recorded the best price development with an increase of 66 percent. In Hamburg, TAG Immobilien AG led the way with an increase of 106 percent.
According to the survey results from Wikifolio, investors are optimistic about the new stock market year. Stock markets are expected to rise in 2024 and 78 percent of survey participants are optimistic. The survey also shows that 42 percent see the greatest potential in technology and growth stocks.
These developments show that the financial performance of companies can be strongly influenced by trends and hypes, such as the “weight loss injection”. In the future, it could be worth investing more in small and medium-sized companies as well as technology and growth stocks, especially if interest rates continue to fall.
Read the source article at www.morgenpost.de