Deutsche Börse: Stock market remains stable on Tuesday - financial expert analyzes

Deutsche Börse: Stock market remains stable on Tuesday - financial expert analyzes

There were only minor changes on the German stock market on Tuesday. The DAX was most recently 0.10 percent higher at 16,084.21 points. The MDAX and the EuroStoxx 50 also only recorded small gains of around 0.1 percent each.

Analysts are predicting positive developments for the German residential real estate sector. The shares of Vonovia and TAG Immobilien were able to benefit from upgrades by Deutsche Bank and rose by 2.3 percent and 1.2 percent, respectively. Atoss Software also reported strong quarterly figures and announced more optimistic growth targets for the year as a whole. The HR software specialist's shares reached a record high with a price increase of 8.4 percent. The shares of Deutsche Beteiligungs AG also rose by 1.0 percent after the company gave more positive forecasts for the current financial year.

The stagnating development of the German stock market could indicate that investors are holding back and perhaps waiting for new impulses. However, a large number of positive company news from various industries could lead to the market gaining momentum again in the next few days.

According to a report from web.de.