DAX reaches profit zone - experts doubt bear market rally

DAX reaches profit zone - experts doubt bear market rally

According to a report by www.finanzen.net,

There was a change of sign on the German stock market on Wednesday when the DAX was still in the red at the start of the stock exchange, but was later able to move into the profit zone and closed 0.51 percent higher at 15,229.60 points. The reporting season was a busy one, with Commerzbank stocks in particular standing out positively, while the logistics company DHL Group lowered its medium-term forecast and Deutsche Pfandbriefbank significantly increased its risk provisions due to the ongoing weakness in the market for commercial real estate and reduced its target for pre-tax earnings this year.

The increase in interest rate concerns and the lower oil prices have had an impact on the market. Stock marketers' doubts about the completion of the US Federal Reserve's interest rate hike cycle could influence market sentiment. In addition, lower oil prices could ease inflation concerns and have a positive impact on consumers and the economy. Commerzbank's positive quarterly results could boost investor confidence and have a positive impact on the banking industry, while DHL Group and Deutsche Pfandbriefbank's lowered forecasts could potentially have a negative impact on their stocks and the industry.

Overall, the facts suggest that stock market performance and companies' quarterly results are important indicators of market sentiment and economic development. Interest rate trends and raw material prices play a crucial role in market stability and consumer prices. It remains to be seen how the factors mentioned will develop in the coming weeks.