FRANKFURT (dpa-AFX) – The Dax started trading on Friday with losses. After it had looked like the start of the year-end rally the day before, the Dax is now looking for a trend again. Even on a weekly basis, a minus is emerging after strong fluctuations. However, the record set at the end of October at 19,674 points remains within sight.
In the first few minutes of trading, the Dax lost 0.7 percent to 19,137 points. The MDax fell by 0.6 percent to 26,320 points. The eurozone index EuroStoxx 50, which had recovered strongly the day before, fell 0.9 percent back towards Wednesday’s three-month low.
Investors are focusing on takeover fantasies at Evotec, which had already emerged at the beginning of the week. The US company Halozyme Therapeutics is reportedly targeting the Hamburg-based drug researcher. The price offered is EUR 11 per share in cash. Evotec shares shot up by a good 22 percent to 10.55 euros. However, this…
