Frankfurt (dpa-AFX) – The Frankfurt Bourse’s benchmark DAX-30 index has dropped from the previous day’s levels amid data showing that the ifo business climate indicator for August fell to a three-month low of 99.4, less than the market forecast of 100.4.<\/p>\n
The fall in business sentiment from 101.8 in June and 100.7 in July is attributed to supply bottlenecks as well as rising coronavirus infections.<\/p>\n
The DAX index meanwhile is currently trading at 15,885.26, down 0.20 per cent over Tuesday’s close.<\/p>\n
At current levels, the DAX is 0.89 per cent lower than the 52-week high of 16,028.60.<\/p>\n
Online food ordering service Delivery Hero is currently topping the charts with a 2 per cent uptick.<\/p>\n
Siemens Energy has gained 1.9 per cent whereas sports goods maker Adidas has advanced by 1.3 per cent.<\/p>\n
Insurance and reinsurance player Munchener Ruck (Munich Re) is topping the laggards with a decline of 1.2 per cent.<\/p>\n
Premium automaker BMW has fell then rose during the morning while chemicals company BASF is down by 0.8 per cent.<\/p>\n
Deutsche Telekom is topping the volume charts with a turnover of 0.6 million euros.<\/p>\n
The GfK Consumer Climate Indicator for September is due on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"
Frankfurt (dpa-AFX) – The Frankfurt Bourse’s benchmark DAX-30 index has dropped from the previous day’s levels amid data showing that the ifo business climate indicator for August fell to a three-month low of 99.4, less than the market forecast of 100.4. The fall in business sentiment from 101.8 in June and 100.7 in July is<\/p>\n","protected":false},"author":1,"featured_media":113234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[343],"tags":[427],"class_list":{"0":"post-157597","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-actualidad","8":"tag-news"},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t