DAX Rises On Strong Exports Data

RTTNews | hace 724
Stocktwits
DAX Rises On Strong Exports Data

(RTTNews) - German stocks advanced on Friday as U.S. rate hike worries eased and data showed German exports rose by more than expected in January on robust U.S. and U.K. demand.

Exports rose 2.1 percent while imports fell by 3.4 percent versus December.

The benchmark DAX was up 104 points, or 0.7 percent, at 15,432 after gaining 0.2 percent the previous day.

Q.beyond shares jumped 3 percent. The cloud and ICT provider announced preliminary results for 2022, reporting 11 percent increase in revenues to 173.0 million euros.

Airline Lufthansa soared 5.5 percent after it swung to a full-year operating profit and flagged further gains in 2023.

Schaeffler edged down slightly after announcing the acquisition of 100 percent of the shares in ECO-Adapt SAS.

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ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores. El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo. Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda. Todos los datos y la información se proporcionan "tal cual" con fines informativos únicamente y no están destinados a fines comerciales o de recomendación. Los resultados pasados no son indicativos de los resultados futuros.