The hope for a breakthrough in American-Chinese trade dispute has driven the German stock market on Friday. The leading index, the Dax, rose by 1.7 per cent to 10,600 points. However, because of the new year celebrations shortened trading week might go, with a slight decrease to the end.
a Negative effect after that on Thursday, the disappointing Christmas business of iPhone Corporation Apple, the fear of investors before a downturn in the world economy more stoked. Apple had referred to a weakness in China. In the trade conflict between China and the United States, however, comes to the first direct negotiations since the announcement of a “ceasefire” in the beginning of December. An American Delegation is expected on Monday to two days of talks. It’s about how the American President Donald Trump and China’s head of state Xi Jinping in early December, announced a compromise to the trade dispute should look like in concrete terms.
The M-Dax Index of medium-sized companies 0.7 per cent won on Friday last to 21.559,7 points. The Euro-zone benchmark index Euro Stoxx 50 put on similar to considerably. In addition, the eyes of the investors on the us labour market report for December, which will be published in the early afternoon German time. A strong jobs report could mitigate the fears of an abrupt slide off of the American economy, said portfolio Manager Thomas Altmann from QC partner. The recent swing rate Altman stated, meanwhile with the quandary in which investors moment stuck: “on the one Hand, nobody wants to suffer right from the beginning of the year losses. On the other hand, no one wants to miss a potential recovery.“
Per-Seven-satellite.1-stock tail light in the M-Dax
In the Dax, shares of Bayer 2.6 percent won. They benefited from a between success in proceedings for allegedly disguised the cancer risks of the Weed killer glyphosate in the United States. Certain allegations of the Manipulation of public opinion against Bayer, a subsidiary of Monsanto should not be cited in a forthcoming process to the start of the process, said a broker. The plaintiffs will of course make this difficult now, you considered allegations forward.
Clear tail light in the M-Dax, the papers of Pro Sieben Sat.1 with a loss of almost 7 percent. The American Bank Morgan Stanley had also lowered the target price for the share certificates of the television group. Europe-wide figures up to 2018, the decline of the spectator in the classical, linear television still once accelerated, wrote Analyst Omar Sheikh. The shares of Medigene recorded as a favorite, in addition to the value of the index S-Dax was down 7 percent. The biotech company licensed a molecule for optimisation of cancer immunotherapies.