{"id":15272,"date":"2021-10-21T09:05:54","date_gmt":"2021-10-21T09:05:54","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/21\/dax-slides-on-evergrande-woes\/"},"modified":"2021-10-21T09:05:54","modified_gmt":"2021-10-21T09:05:54","slug":"dax-slides-on-evergrande-woes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/21\/dax-slides-on-evergrande-woes\/","title":{"rendered":"DAX Slides On Evergrande Woes"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks edged lower on Thursday as news about the collapse of a $2.6 billion asset sale at heavily indebted developer China Evergrande Group offset investor optimism around the earnings season.<\/p>\n<p>The benchmark DAX slipped 31 points, or 0.2 percent, to 15,492 after finishing marginally higher the previous day. <\/p>\n<p>Automakers fell across the board, with Volkswagen falling 1.5 percent. <\/p>\n<p>Banks traded mixed, with Commerzbank rising 0.3 percent while Deutsche Bank fell over 1 percent.<\/p>\n<p>Software AG rallied more than 3 percent after reporting a rise in Q3 profit. <\/p>\n<p>SAP rose over 1 percent. The software group confirmed its preliminary third-quarter results and full-year guidance. <\/p>\n<p>Wholesale giant METRO AG declined 0.7 percent, a day after posting higher sales for the fourth quarter of its fiscal year. <\/p>\n<\/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 Slides On Evergrande Woes<\/a><br \/>\n<br \/>2021-10-21 09:05:54<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks edged lower on Thursday as news about the collapse of a $2.6 billion asset sale at heavily indebted developer China Evergrande Group offset investor optimism around the earnings&#8230;<\/p>\n","protected":false},"author":2,"featured_media":15273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-15272","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/15272","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=15272"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/15272\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/15273"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=15272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=15272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=15272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}