Hochtief stiger til DAX for første gang

Entreprenørkoncernen Hochtief bliver den 22. juni en del af det tyske benchmarkindeks DAX for første gang. Virksomheden fra Essen erstatter Porsche Automobil Holding SE, som rykker ned i MDAX.

ISS STOXX, et datterselskab af Deutsche Börse, annoncerede indeksændringerne onsdag aften. Hochtief drager fordel af en stærk kursudvikling drevet af boomet inden for datacentre, infrastrukturprogrammer og øgede forsvarsudgifter. Gennem sit amerikanske datterselskab Turner Construction har virksomheden registreret en markant vækst i ordretilgangen i Nordamerika. Nye ordrer steg med 48 procent til 12,1 milliarder dollars ved udgangen af maj, mens ordrebogen voksede med 34 procent til 48,9 milliarder dollars. Elmos Semiconductor, Siltronic og Süss MicroTec vil også blive en del af MDAX. Redcare Pharmacy, Ströer og Jungheinrich rykker til SDAX.

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The 40 German companies listed on the DAX reported higher profits in the first quarter. Revenues fell by an average of 3.7 percent, while earnings before interest and taxes rose by 4.4 percent.

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The Dax closed on Monday at 25,389.10 points, crossing the 25,000 mark for the first time since the start of the Iran war. Hopes for a peace agreement drove the gains.

Germany's DAX index fell 1.1 percent on Thursday, closing at 23,807 points. Investors are wary of the fragile two-week ceasefire in the Iran war and Israeli airstrikes in Lebanon. US Federal Reserve minutes are also weighing on sentiment.

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European stocks closed the week lower on Friday, with the STOXX 600 index hitting a two-week low. Investors cited concerns over growth and inflation from the ongoing Middle East conflict disrupting energy supplies. While technology shares gained, healthcare and financial sectors declined.

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