Ausblick
Klassischerweise verlaufen Rezessionen nach einem 3-Phasen Muster. 1. Steigende Preise 2. Steigende Zinsen 3. fallendes Bruttosozialprodukt. Aktienbörsen haben die Angewohnheit immer zu hoffen, dass es irgendwie weitergeht und fallen dann plötzlich. Sie haben nicht die Gabe zu antizipieren wie Warenströme und Zinsen. 2 von 3 Phasen sind bereits am Laufen
Indizes
- The DAX Index had a good week being +1.2%. Top performers this week were DAIMLER TRUCK +8.5%, MTU AERO ENGINES +6%, HEIDELBERG CEMENT +5.2%.
Worst DAX performer were this week DELIVERY HERO -13.5%, ZALANDO -7.5%, MERCK KGAA -4.8%.
- The MDAX Index had a strong week being +2%. Top performers this week were LANXESS +10%, JUNGHEINRICH +8%, KION GROUP +7%.
Worst performing MDAX stocks were HYPOPORT -18.1%, K+S -8.4%, TEAMVIEWER -6.3%.
- The TecDAX Index also had a lacklustre week being +0.4%. Top performers this week were SUSE +8.2%, JENOPTIK +7.8%, VERBIO +7%.
Worst performing TecDAX stocks were TEAMVIEWER -6.3%, MORPHOSYS -5.7%, COMPUGROUP -4.8%.
- The SDAX Index had also a good week being +1.5%. Top performers this week were ADLER +11.2%, SUSE +8.2%, TRATON +8.1%.
Worst SDAX performers were SHOP APOTHEKE -7.9%, MORPHOSYS -6%, SYNLAB -6%.
