Stock market week ends quietly - stock market recovers after turbulence

Stock market week ends quietly - stock market recovers after turbulence

Frankfurt am Main – The week on the German stock exchange was characterized by unrest, but calm returned at the end of the week. Various factors weighed on the market, including the Gaza war, high US Treasury yields and quarterly reports from the US and Germany. There was also price turbulence at Siemens Energy. The DAX closed on Friday with a loss of 0.30 percent and recorded a weekly loss of around 0.8 percent. The MDAX of medium-sized companies lost 0.10 percent on Friday. Other European stock exchanges recorded more significant declines.

Siemens Energy was once again a focus for investors after shares plunged more than 35 percent the previous day. However, they recovered 9 percent on Friday. Covestro, a plastics company, however, recorded losses of 3.4 percent.

In the foreign exchange market, the euro rose to 1.0592 US dollars. The current yield in German bond trading fell to 2.81 percent.

The impact of the week's events on the market was limited, based on available information. The prices on other European stock exchanges were more affected than the German market. Siemens Energy was able to recover, but future prospects remain uncertain due to negotiations over loan guarantees.

The further development of the market depends on various factors, such as the development of the Gaza conflict, US government bond yields and quarterly reports from companies. Investors should therefore keep an eye on daily news and developments.

According to a report by www.sueddeutsche.de.