Telekom and DHL shares lose due to planned sales - financial expert gives assessment
As www.finanzen.net reports, a report by “Spiegel” caused slight profit-taking at DHL and Telekom, which increased on Thursday. Deutsche Telekom shares fell by 3.61 percent to 21.74 euros and DHL shares lost 1.07 percent to 45.60 euros. According to the report, the federal government plans to finance the restructuring of Deutsche Bahn with sales of shares in Telekom and DHL. The federal government currently holds 30.5 percent of Telekom shares and the government plans to only hold a strategic stake of 25 percent plus one share. The government should sell more shares in DHL. The Federal Ministry of Economics...

Telekom and DHL shares lose due to planned sales - financial expert gives assessment
How www.finanzen.net According to reports, a report by “Spiegel” caused slight profit-taking at DHL and Telekom, which increased on Thursday. Deutsche Telekom shares fell by 3.61 percent to 21.74 euros and DHL shares lost 1.07 percent to 45.60 euros.
According to the report, the federal government plans to finance the restructuring of Deutsche Bahn with sales of shares in Telekom and DHL. The federal government currently holds 30.5 percent of Telekom shares and the government plans to only hold a strategic stake of 25 percent plus one share. The government should sell more shares in DHL.
The Federal Ministry of Economics initially did not comment on the report. The proceeds from the sales are intended to increase the railway's equity capital in order to secure investments in the railway, according to the Federal Ministry of Economics.
The Ministry of Finance stated that no decision had yet been made on the nature and extent of the sale of company shares. Possible privatization proceeds would be used to increase Deutsche Bahn's equity from 2024 onwards.
These federal government plans have a direct impact on the stock market. The announcement of share sales is weighing on the prices of Telekom and DHL. Uncertainty about the size of sales and how it will affect companies is leading to profit-taking and losses among shareholders.
Investors, especially speculative investors, react to such news by purchasing knock-out products to profit from price movements. These speculative purchases can increase volatility in the markets.
The federal government's plans also have an impact on the industry, as they affect confidence in the stability and long-term prospects of the companies affected. It remains to be seen how the matter will develop and whether further details regarding the sale intentions will be announced.
According to a report by www.finanzen.net
Read the source article at www.finanzen.net