Frankfurt Stock Outlook: Positive start to the week – Dax remains robust | 01/25/21


FRANKFURT (dpa-AFX) –  The  Dax (DAX 30) should start the new week with profits. An hour before the Xetra start, the X-Dax, as an indicator for the German leading index, indicated an increase of 0.48 percent to 13,940 points. From the 14,000-point mark, the Dax had recently rebounded to 13,744 points, but was able to defend its 21-day line. It is considered a yardstick for the short-term trend and is increasing slightly. ©

 The  Dax now has the round mark in mind again. ©

 The  leading barometer of the Eurozone, the EuroStoxx 50 (EURO STOXX 50), is expected to be 0.4 percent higher on Monday.

In the morning, the data on the Ifo business climate in Germany will be published. It should provide further information on how much the tightened corona restrictions have burdened the German economy at the beginning of the year. ©

 The  experts at Commerzbank still expect a two-part picture with a strong industry on the one hand and starving service providers on the other. Overall, however, the Ifo index could even rise. “©

 The  milder weather and the increasing number of vaccinations will push back the coronavirus and unleash the economy.”

In addition to the further development of the corona pandemic, the US presidency of Joe Biden is also in focus on the market. His inauguration and the trillion dollar economic stimulus package he was aiming for had helped many indexes to set new records last Thursday – like the MDAX in this country. Expectations of the economic stimulus program to revive the US economy pushed worries about rising Covid 19 cases and delays in vaccine deliveries into the background, commented the LBBW experts.


 The  reporting season continues to pick up speed this week, although things are a little quieter on the company side in Germany this Monday. However, preliminary quarterly figures have already come from Siemens Energy. ©

 The  Siemens spin-off helped operational improvements with falling costs to return to profitability. One trader spoke of a very solid set of figures that confirm the strong trend. Before the trading session on Tradegate, the price rose by 3.6 percent compared to the Xetra close.


 The  Taiwanese chip supplier Globalwafers is obviously concerned about the success of the intended takeover of the German wafer manufacturer Siltronic. First, the group had increased the offered price twice in the past few days to 145 euros per share. According to a statement on Monday, he lowered the minimum acceptance threshold to 50 percent and extended the acceptance period by two weeks to February 10. ©

 The  Siltronic shares had already risen by more than three and a half percent to 145.20 euros on Friday. Measured against this, the stocks fell slightly on Tradegate on this Monday.

Share reclassifications with movement potential affect Salzgitter, among others. ©

 The  US bank JPMorgan is now voting for the steel company with “neutral” instead of previously “underweight”. In addition, analyst Luke Nelson increased his price target to 21.50 euros. ©

 The  steel industry is gradually coming out of its gap in the Corona crisis, he wrote in a recent industry study. Salzgitter gained 1.3 percent./ajx/mis on Tradegate


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Frankfurt Stock Outlook Positive start week Dax remains robust


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