Dax units new file – and Bayer? | EUROtoday

Get real time updates directly on you device, subscribe now.

One cross: Bayer is unable to shake off the glyphosate lawsuits.
Image: dpa

Bayer and Hochtief are among the many massive weekly losers on the inventory market. First the courts made judgments, then the inventory market. But the instances are completely different. With Bayer it’s a cross on the inventory market – utterly completely different to soccer.

Augh. This hurts all Bayer shareholders. While the DAX is 11 p.c greater than a 12 months in the past and surpassed its December file excessive of 17,003 factors on Friday, the share worth of the DAX firm, which was essentially the most helpful in 2015 with a market worth of 140 billion euros on the time, isn’t discovering any assist. This week, Bayer's share worth fell under 29 euros for the primary time because the summer season of 2005. It's a cross with Bayer, as a result of there doesn't appear to be an finish in sight to the crash of the Leverkusen-based firm with the symbolic firm brand on the inventory trade.

In step with many US expertise shares, SAP, the one German software program firm of worldwide significance with an elevated deal with synthetic intelligence and cloud enterprise, can be setting new data on the inventory market. Real property shares, which have fallen sharply because of the fast rise in rates of interest, now seem to have bottomed out, even when key rates of interest are unlikely to be lowered in both the USA or Europe within the first quarter. This is what the most recent statements by US Federal Reserve Chairman Jerome Powell point out.