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What investors should pay particular attention to today

NAfter the previous day’s rally, moderate profit-taking dominated the German stock market on Tuesday at the opening. The Dax fell 1 percent to 12,743 points in early trading. The German leading index started the new week on the stock market with price gains of more than three percent. The MDax of the 60 medium-sized stocks fell on Tuesday by 0.30 percent to 26,889.35 points. The leading Eurozone index EuroStoxx 50 lost around 0.4 percent.

The significant price increase at the beginning of the week could have been too big a swig from the bottle, said market analyst Andreas Lipkow of the Comdirect Bank, referring to the profit-taking. “In addition, the situation in the European economic landscape remains extremely tense and fragile. There can be no talk of a robust economic recovery. The economic situation in the USA is also still tense “,
he added. Even in pre-market trading, it looked as if the Dax was targeting the 13,000 point mark again.

Brexit could move more into the focus of investors. A new round of negotiations on a trade agreement for the time after the Brexit transition phase begins this Tuesday. The EU has set London a deadline of September 30th to withdraw plans to nullify parts of the 2019-negotiated and already valid EU withdrawal agreement.

Interesting individual values

Hella shares could be worth a look among the individual stocks. The lighting and electronics specialist wants to sell the software business for front cameras to Volkswagen. The company did not provide any information about the price. However, the sale will lead to extraordinary income in the order of around 100 million euros, said the auto supplier. The Hella titles rose by 1.5 percent on the Tradegate trading platform.

The fund company Allianz Global Investors (AGI) has dismissed allegations of US investors who are demanding compensation for investment losses worth billions. The allegations are legally and factually incorrect, said AGI. The Allianz subsidiary is faced with several lawsuits from institutional investors, which it blames for dramatic losses. Allianz shares fell by 0.3 percent on Tradegate.

KBA wants to save even more

The printing machine manufacturer Koenig & Bauer (KBA) wants to step on the brakes even more. The company announced on Monday evening that the current efficiency program had been further developed and expanded. Now the costs are expected to be over 100 million euros lower by 2024, after more than 70 million euros previously. KBA shares fell 0.8 percent on Tradegate.

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