Company in focus
The shares of Continental and Munich Re. benefited from positive analyst assessments. The German Stock Exchange will increase the DAX® from 30 to 40 stocks in September 2021. With the current data would come among other things Airbus, Brenntag, HelloFresh, Siemens Energy other Siemens Healthineers in the index. This should also bring movement to the MDAX® and SDAX® in the coming summer. Potential promotion candidates are in German climbers index contain. Dermapharm benefited from positive analyst comments as well as the prospect of starting vaccine production from BioNTech. The biotech group cooperates with Dermapharm on production. The aviation association expects airlines for 2020 and 2021 higher losses than initially expected. The share of German Lufthansa nevertheless gained significantly in height today. The MTU Aero Engines joint venture in China is planning a second location. The news was well received by investors. The share rose above the EUR 200 mark. Varta Drops significantly after speculation about competitive pressure from Asia again circulated. The VW-Daughter Traton plans to produce Scania trucks in China. Both the VW paper and the Traton share then stepped on the gas.