DAX rises for the fourth day in a row

The market showed a small gain Friday, and Dax (Performanceindex) ended the day at 22242 points, which is an increase of 0.8 percent. The week as a whole showed a gain of 4.9 percent. The index has now closed up for the fourth day in a row.

28 shares showed a gain and 11 showed a loss. 1 shares were unchanged and closed at the same price as the previous day. There was no trading in 0 shares.

Total value of the trading volume for shares and primary capital certificates Friday was approximately 4.5 billion.

Deutsche Telekom AG closed at 31.18 Euro after posting a loss of 4.8 percent. We must go back to Jun 2. 2023 to find an equally steep drop. That time the stock lost 9.1 percent. The stock is trend wise positive in the medium term.
Siemens AG was up 3.1 percent to close at 207 Euro. The stock has now risen for the sixth day in a row and this past week the stock has gained as much as 11.1 percent. The stock is trend wise positive in the medium term.
Allianz SE moved up and ended at 359 Euro, which is an increase of 0.7 percent. The stock thereby broke the previous record from Mar 18 and set a new all time high. The stock has thereby closed up eight out of the past nine days. It also looks good technically. The stock is trend wise positive in the medium term, has support at 304 Euro and a further increase is indicated.
Adidas AG increased slightly 0.6 percent and ended the day at 217 Euro. The stock has now risen for the sixth day in a row and this past week the stock has gained as much as 9.3 percent. Technically it also looks good. The stock is trend wise positive in the medium term, has broken up through resistance at 210 Euro and a further increase is indicated.
Bayer AG developed positively, and gained 2.3 percent to a close of 22.99 Euro. The stock has now closed up for the sixth day in a row and this past week the stock has gained as much as 9.7 percent. It does, however, not look good technically. The stock is trend wise negative in the medium term and a further decline is indicated.

Most traded Friday

Sap SE496.90
Deutsche Telekom AG394.47
Siemens AG340.38
Muenchener Rueckversicheru311.03
Allianz SE278.34
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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