FRANKFURT (DEUTSCHE-BOERSE AG) – Falling interest rates, first convincing corporate figures – the stock markets remain in record mood. Hardly anyone is talking about overvaluation, at most about a “certain breathing space”
October 21, 2024 FRANKFURT (Borse Frankfurt). How are companies performing in the current environment? This question is currently being answered with numerous reports on the third quarter. US companies kicked things off, with SAP starting here in Germany today. “The start to the US reporting season has been a success,” comments Ulrich Kater from DekaBank. The major and investment banks in particular have delivered strong quarterly figures and constructive outlooks. He is also optimistic for the coming weeks: “We expect mostly good figures.”
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Online session today at 12 noon: Technical and fundamental update with Carsten Mumm and Martin Utschneider.
After the record week, Monday starts unchanged….
