DAX hardly changed – Deutsche Wohnen ends share buyback program

Photo: Frankfurt Stock Exchange (via dts news agency)
Photo: Frankfurt Stock Exchange (via dts news agency)

Frankfurt / Main (dts news agency) – The DAX hardly changed on Monday. At the close of Xetra trading, the index was calculated at 13,193.66 points, a slight decrease of 0.07 percent compared to the previous trading day. Shortly before the close of trading, the shares of Infineon Technologies were at the top of the price list, with gains of almost three percent, ahead of the values ​​of Continental and Covestro.

At the end of the list, the shares of Deutsche Wohnen had to accept price losses of over three percent, behind the shares of RWE and Deutsche Boerse. The investors of Deutsche Wohnen were annoyed by the news that the DAX group is ending the share buyback program, which was supposed to run until October 30, early this Monday. The European common currency trended stronger on Monday afternoon.

One euro cost 1.1875 US dollars (+0.31 percent). The gold price benefited, in the afternoon 1,959.78 US dollars were paid for one troy ounce (+1.00 percent). That corresponds to a price of 53.06 euros per gram.