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Rheinmetall share price: downward trend continues
Discover the current developments of the Rheinmetall share: Second day with big losses - Rheinmetall shares clearly behind Dax. Find out more about the current figures and the downward trend of the defense company. #Rheinmetall #stock market #Dax
Rheinmetall share price: downward trend continues
The share value of the defense company Rheinmetall fell to 503.20 euros an hour and a half before the close of trading in Frankfurt, compared to the previous trading day's closing price of 531.80 euros. This continues the downward trend for Rheinmetall, although it remains to be seen whether the losses will continue. Rheinmetall is currently in 39th place in the DAX and is down 5.38%. In comparison, the DAX moved down by a total of 0.00%.
The trading volume for Rheinmetall shares was 604,126 shares traded an hour and a half before the close of trading, while a total of 516,390 securities were traded on the previous trading day. The defense company's shares are currently trading 12.00 percent below their 52-week high of EUR 571.80, with the lowest level during this period being EUR 226.50.
With a market value of 23.57 billion euros, Rheinmetall has a weighting of 1.34% when calculating the DAX. The company employs 24,753 people and is ranked 26th in the German stock market index. SAP, Siemens and Airbus currently have the highest weighting in the DAX.