Tuesday's trading session on European markets brings slightly better sentiment. The DE30 is trading close to yesterday's closes and remains in the region of the peaks of the consolidation that has been going on for several days. The macro calendar for today is essentially empty.
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Open real account TRY DEMO Download mobile app Download mobile appThe swaps market is currently pricing in a near 33% chance of a 75bp rate hike at the ECB's December meeting. Source: Bloomberg
DE30 index chart, D1 interval. Benchmark German blue chips are trading at mixed levels at the start of the week. Source: xStation 5
Tuesday's German market session brings mixed valuations for most sectors of the economy. Source: Bloomberg
News:
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Nearly 7% declines are recorded today in the shares of TAG Immobilien (TEG.DE). The market is reacting to the publication of Q3 results and the decision not to pay a dividend for FY22
Source: Bloomberg
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Shares of ThyssenKrupp (TKA.DE) are also seeing declines. Cevian, a ThyssenKrupp shareholder, is offering about 23.4 million shares through UBS at a price of €5.15 per share. The offering is aimed at international institutional investors in a private placement. UBS will be the sole bookrunner. The price represents a 4.7% discount to the last close. The shares are currently losing nearly 4.5%.
The largest percentage changes of companies included in the DAX index. Source: Bloomberg
The most active stocks in the DAX index (DE30). Source: Bloomberg
