{"id":12865,"date":"2021-08-12T09:04:09","date_gmt":"2021-08-12T09:04:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/12\/dax-edges-higher-amid-earnings-deluge\/"},"modified":"2021-08-12T09:04:09","modified_gmt":"2021-08-12T09:04:09","slug":"dax-edges-higher-amid-earnings-deluge","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/12\/dax-edges-higher-amid-earnings-deluge\/","title":{"rendered":"DAX Edges Higher Amid Earnings Deluge"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks were slightly higher on Thursday as investors reacted to a mixed set of quarterly numbers. <\/p>\n<p>The benchmark DAX rose 19 points, or 0.1 percent, to 15,844 after edging up 0.4 percent in the previous session. <\/p>\n<p>SGL Carbon fell 1.7 percent despite the carbon and graphite product manufacturing company delivering strong first-half results. <\/p>\n<p>Travel agency firm TUI AG gained 2 percent after it returned to cash flow for the first time since the <span class=\"landLinks\">coronavirus<\/span> pandemic.<\/p>\n<p>Internal combustion engine manufacturer DEUTZ soared 4 percent after confirming its 2021 guidance. <\/p>\n<p>Chemicals and consumer goods company Henkel lost 3 percent after it voiced concern about rising prices and over-stretched supply chain.<\/p>\n<p>Delivery Hero tumbled 3.9 percent. The online food ordering company raised its gross merchandise value outlook for the full year after delivering strong performance in the second quarter.<\/p>\n<p>Deutsche Telekom rallied 2.2 percent. The telecommunications group raised its guidance for adjusted operating profit for the second time this year following strong second-quarter results. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>DAX Edges Higher Amid Earnings Deluge<\/a><br \/>\n<br \/>2021-08-12 09:04:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks were slightly higher on Thursday as investors reacted to a mixed set of quarterly numbers. The benchmark DAX rose 19 points, or 0.1 percent, to 15,844 after edging&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-12865","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=12865"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12866"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}