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Munich Re share price: strong growth on the trading floor
Munich Re shares are experiencing a strong rally while the index is lagging. Find out more about the current developments on the stock market. 📈 #Münchnerrück #share price #stock exchange
Munich Re share price: strong growth on the trading floor
Münchner Rückversicherungsgesellschaft AG is recording a remarkable upward movement on the stock market. The share price rose by 2.82 percent and reached 430.30 euros, which was higher than the previous trading day's closing price of 418.50 euros. This positive development breaks the unclear trend of the past few days and leaves room for further gains in the future.
In relation to the DAX, Munich Re is currently in fourth place with growth of 2.82 percent, which places it in the top third of the index. Overall, the DAX recorded an increase of 1.24 percent, leaving Munich Re well behind.
The trading volume of Munich Re shares before the close of trading amounts to 273,912 shares traded, while a total of 192,072 securities were traded on the previous trading day. The share price is currently 5.24 percent below the 52-week high of EUR 454.10 and 3.21 percent above the 52-week low of EUR 318.80.
The freely tradable Munich Re shares have a market capitalization of 56.33 billion euros, contributing to the index formation with a weighting of 3.21 percent. In the last financial year up to December 2022, the company recorded sales of 3.30 billion euros and a profit of 3.72 billion euros.