Recovery on the German stock market is slowing after the recent rally - experts warn of possible corrections
After a recovery rally the previous week, investors took a break on Monday. The hope of an end to the spiral of interest rate increases has been played out for the time being. The DAX and MDAX recorded slight losses. The experts at Index-Radar see the past few days as a “strong reaction to the previous correction” and expect possible corrections in the future. Lanxess surprised investors with a share price slide and a proposed dividend cut. The share recorded a discount of 3.4 percent. Analyst comments also had an influence on share prices, for example at Vonovia and K+S. BMW and Siemens, on the other hand, received positive upgrades, while Evotec suffered significant share price losses...

Recovery on the German stock market is slowing after the recent rally - experts warn of possible corrections
After a recovery rally the previous week, investors took a break on Monday. The hope of an end to the spiral of interest rate increases has been played out for the time being. The DAX and MDAX recorded slight losses. The experts at Index-Radar see the past few days as a “strong reaction to the previous correction” and expect possible corrections in the future. Lanxess surprised investors with a share price slide and a proposed dividend cut. The share recorded a discount of 3.4 percent. Analyst comments also had an influence on share prices, for example at Vonovia and K+S. BMW and Siemens, on the other hand, received positive upgrades, while Evotec recorded significant share price losses of 6 percent. Investors will monitor how strong the market recovery is over the next few days and expect further corrections.
If you analyze the article more closely, you can see that the German stock market is taking a break after last week's recovery rally. The DAX and MDAX are recording slight losses as investors have no further stimulus to further stimulate the markets for the time being. The hope of an end to the spiral of interest rate increases has initially been played out. The experts at Index-Radar see the past few days as a positive reaction to the previous correction, but emphasize that further corrections are possible.
However, there are also negative influences on the market. Lanxess surprised investors with a share price slide due to adjusted full-year targets and a proposed dividend cut. This resulted in a discount of 3.4 percent. Analyst comments also had an impact on the market. Bankhaus Metzler recommended selling Vonovia shares, which led to a drop of 3.1 percent. UBS also recommended selling K+S shares, whose initial losses were somewhat mitigated and most recently stood at 3.8 percent. Heidelberg Materials recorded a price loss of 2.3 percent after the major Swiss bank abandoned its buy recommendation.
However, there were also positive developments. BMW and Siemens received positive upgrades and recorded share price gains close to one percent. Evotec shares, on the other hand, recorded significant price losses of 6 percent after Canadian bank RBC downgraded its recommendation to “Sector Perform”.
In summary, the German stock market is taking a break after last week's recovery rally and is recording slight losses. It is expected that further corrections will be possible in the future. The impact on the market has been both positive and negative as some stocks have received positive upgrades while other stocks have suffered price declines. The coming days will show how strong the market recovery is and further corrections must be expected.
Source: According to a report by www.boerse.de
Read the source article at www.boerse.de