DAX 30 pushed down by car makers

Note: This section contains information in English only.
Source: Dukascopy Bank
German DAX index fell on Tuesday pushed down by heavyweight car makers as China increased diesel prices 7% and gasoline prices 6.4%, raising worries about vehicle demand. BMW AG posted the biggest loss for DAX and tumbled 4.8%. Daimler AG dropped 4.4% and Volkswagen AG declined 4.2%. Financials added additional negative pressure with Deutsche Bank and Commerzbank giving up 1.5% and 2.6% respectively. Siemens AG fell 1% on news it will acquire a unit of Expro Holdings. At the moment of writing DAX 30 is 1.24% or 88.57 points down at 7,065.63.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.