{"id":33741,"date":"2023-04-27T08:53:13","date_gmt":"2023-04-27T08:53:13","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/04\/27\/dax-holds-steady-amid-earnings-deluge\/"},"modified":"2023-04-27T08:53:13","modified_gmt":"2023-04-27T08:53:13","slug":"dax-holds-steady-amid-earnings-deluge","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/04\/27\/dax-holds-steady-amid-earnings-deluge\/","title":{"rendered":"DAX Holds Steady Amid Earnings Deluge"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks were flat to slightly higher on Thursday as investors reacted to a slew of earnings results and looked forward to the release of U.S. GDP data later in the day for directional cues. <\/p>\n<p>The benchmark DAX was marginally higher at 15,810 after losing half a percent in the previous session. <\/p>\n<p>Automakers BMW, Mercedes Benz and Volkswagen were up around 1 percent each. <\/p>\n<p>Deutsche Bank jumped 1.9 percent after profit hit its highest in a decade in the first quarter. Peer Commerzbank rose 1.5 percent. <\/p>\n<p>Engine builder DEUTZ rallied 2.8 percent after sounding more confident about full-year results. <\/p>\n<p>HelloFresh soared 6.3 percent after the meal-kit maker reported a smaller-than-expected decline in first-quarter core earnings.<\/p>\n<p>Online takeaway food company Delivery Hero slumped 4.4 percent after its quarterly sales missed estimates. <\/p>\n<p>BASF tumbled 3.6 percent after the chemicals giant maintained its profit forecast for 2023 and warned of great uncertainty in the global <span class=\"landLinks\">economy<\/span>. <\/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 Holds Steady Amid Earnings Deluge<\/a><br \/>\n<br \/>2023-04-27 08:53:13<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks were flat to slightly higher on Thursday as investors reacted to a slew of earnings results and looked forward to the release of U.S. GDP data later in&#8230;<\/p>\n","protected":false},"author":2,"featured_media":33742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-33741","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/33741","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=33741"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/33741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/33742"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=33741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=33741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=33741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}