BASF share price: company gives way
BASF shares fall - company falls behind Dax. All important information about current developments at BASF. #BASF #share price #Dax #stock exchange

BASF share price: company gives way
BASF shares are in the bottom third of the DAX as the company recorded a decline of 4.63 percent. The share price of the Palatinate chemical group was 48.63 euros, which is below the closing price of 50.99 euros on the previous trading day. There is a clear downward trend that remains to be seen.
With a 40th place and a loss of 4.63%, BASF is currently positioned in the lower range of the Dax, while the index has risen by 1.16% overall. Shortly before the close of trading, BASF shares recorded a trading volume of 3,504,436 shares traded compared to the previous trading day with 4,440,625 securities traded.
The share price of the Palatinate chemical group is 11.47 percent below the 52-week high of 54.93 euros and the 52-week low is 40.25 euros. Due to its market value of 45.49 billion euros and a number of employees of 109,686 (as of 2022), BASF is in 12th place in the DAX. In the completed financial year of BASF SE up to December 2022, sales of 87.00 billion euros and a profit of 6.54 billion euros were achieved.
BASF's weighting in the DAX is 2.57% based on its stock market value. The companies with a higher weight in the index include SAP, Siemens and Airbus. It remains to be seen whether the downward trend in BASF shares will continue, while investors should keep an eye on further developments.