{"id":45398,"date":"2024-03-28T08:44:15","date_gmt":"2024-03-28T08:44:15","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/03\/28\/dax-little-changed-as-retail-sales-decline\/"},"modified":"2024-03-28T08:44:15","modified_gmt":"2024-03-28T08:44:15","slug":"dax-little-changed-as-retail-sales-decline","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/03\/28\/dax-little-changed-as-retail-sales-decline\/","title":{"rendered":"DAX Little Changed As Retail Sales Decline"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks were little changed on Thursday after retail sales posted an unexpected decline in February, <\/p>\n<p>Data from Destatis revealed that Germany&#8217;s retail sales decreased 1.9 percent from January, confounding expectations for an increase of 0.3 percent.<\/p>\n<p>On a yearly basis, retail sales decreased 2.7 percent in real terms, worse than economists&#8217; forecast of 0.8 percent drop.<\/p>\n<p>The benchmark DAX was down 3 points at 18,473 after rising half a percent in the previous session.<\/p>\n<p>Stratec shares fell about 1 percent. The maker of analyzer and automation systems for In-Vitro-Diagnostic registered a decline in net profit for the full year, due to a fall in sales and increased expenses.<\/p>\n<p>Wind turbine maker Nordex Group declined 1.4 percent despite securing a 264 MW order from Lithuania.<\/p>\n<p>Kontron, a IoT <span class=\"landLinks\">technology<\/span> company, tumbled 3.5 percent after announcing its full-year results for the fiscal year 2023. <\/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 Little Changed As Retail Sales Decline<\/a><br \/>\n<br \/>2024-03-28 08:44:15<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks were little changed on Thursday after retail sales posted an unexpected decline in February, Data from Destatis revealed that Germany&#8217;s retail sales decreased 1.9 percent from January, confounding&#8230;<\/p>\n","protected":false},"author":2,"featured_media":45399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-45398","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45398","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=45398"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45398\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/45399"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=45398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=45398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=45398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}