Stocks in the DAX index begin with a minimal decrease, driven by a stronger Euro currency.
The Frankfurt stock exchange began trading on Thursday morning with slight losses, as the DAX experienced a decrease of 0.1 percent compared to the previous day's close, calculated at approximately 13,300 points at 09:30 AM.
In the world of commodities, one ounce of gold was trading at 1,841.03 US dollars (+0.55 percent), equivalent to 48.77 euros per gram. This increase in the gold price was not well received by investors, who may have been seeking safer investment options in a volatile market.
On the positive side, some top performing shares included Delivery Hero, Adidas, and Henkel. The search results do not provide specific information about which top managers of these companies were involved in the Frankfurt stock market on Thursday morning.
Conversely, Fresenius, BASF, and Covestro were among the bottom performing shares. No new information about the reasons behind their poor performance was provided.
Meanwhile, the European common currency was trading slightly stronger on Thursday morning. The exchange rate between one euro and one US dollar was 1.2136 USD (+0.19 percent), and the exchange rate between one US dollar and one euro was 0.8240 euros. This stronger European common currency may have contributed to the slight losses experienced by the DAX.
However, no new facts about the political or social context were provided, and no new information about investor reactions was available. The stock market and the DAX remained unchanged, with no new advertisements or significant events reported.
