What investors should pay particular attention to today

D.he German stock market opened almost unchanged on Wednesday. After the Dax went out of trading the day before with a premium of 0.6 percent and 12,906.02 points, it is currently trading at 12,911 points. Futures trading on the S&P 500 index, which had indicated a narrowly claimed start of trading during the night, turned up to an unchanged level in the morning.

After America’s President Donald Trump had stopped negotiations on a new corona aid package the day before, Wall Street had slipped into the red the day before. The hope of further help had provided a tailwind on the stock exchanges in the days before. But the disappointment is not great. “There are some ways we can still get momentum, but none of them is happening now before the elections,” said Rob Carnell, ING’s chief economist in Asia. that we don’t get him now – so we’ll be a little on the spot. “

In Asia, the Nikkei index also only fell slightly, while the Chinese markets continued to be closed due to the “Golden Week”. Oil prices fell slightly.

After yesterday’s very good figures for German incoming orders, industrial production for August caused disappointment across the board, according to DWS: The expected strong increase had failed, instead there was a decrease of 0.2 percent compared to the previous month. This corresponds to a decrease of 9.6 percent compared to the same month last year. It was particularly pronounced in the capital goods sector. The automotive sector is also looking gloomy: in the past twelve months, a quarter fewer cars have been built than in the previous twelve months.

The House of Representatives competition subcommittee wants the big ones Tech corporations force fairer competition. According to a report, Amazon, Apple, Facebook and Google have abused their market power. In an investigation report, the MPs also bring up the idea of ​​breaking up “certain dominant platforms”.

The chip developer Dialog Semiconductor achieved higher than expected revenue of $ 386 million in the third quarter. At the beginning of August Dialog had announced revenues of 340 to 380 million dollars. The increase in sales is due to an improved trend in all areas. The ongoing consumer demand for headphones, digital watches, notebooks and tablets, for example, was particularly highlighted. The share price rises 5 percent in the morning.

The auto supplier Continental plans to sell parts of the company as part of its austerity program. It concerns certain units of the automotive business including parts of the drive division Vitesco Technologies, said CEO Elmar Degenhart of the “Frankfurter Allgemeine Zeitung”. “We are not ruling out such steps in the Contitech industrial division either.” The tire business is not affected. According to Degenhart, it is potentially about 10 percent of the 30,000 jobs. The share price tends to hold up well in the morning.

The jeans manufacturer Levi Strauss (Levi’s) was in the black again in the summer despite the heavy stresses caused by the corona pandemic. There was a profit of $ 27 million in the third quarter. Levi’s earned 78 percent less than a year earlier, but at least managed to return to positive earnings after a high loss in the previous quarter. The share price rises 10 percent in the morning.

The Adler fashion stores want to return to a sustainable, profitable growth path with the “New ADLER” concept by 2023. Consistent further development of the stationary business and the massive expansion of online activities are expected to increase group sales to EUR 560 million by 2023, with online sales amounting to at least EUR 60 million. In 2019, the year before the crisis, it was around 10 million euros. The share price rises 6 percent in the morning.

The French food company Danone sold its remaining 6.6 percent stake in the Japanese milk beverage manufacturer Yakult for 470 million euros. The share price tends to hold up well in the morning.


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