{"id":55655,"date":"2025-01-31T09:12:10","date_gmt":"2025-01-31T09:12:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/01\/31\/dax-advances-hovers-around-record-high\/"},"modified":"2025-01-31T09:12:10","modified_gmt":"2025-01-31T09:12:10","slug":"dax-advances-hovers-around-record-high","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/01\/31\/dax-advances-hovers-around-record-high\/","title":{"rendered":"DAX Advances, Hovers Around Record High"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks are edging higher in cautious trade Friday morning with investors digesting the nation&#8217;s retail sales and unemployment data, and looking ahead to the consumer price inflation report due later in the day.<\/p>\n<p>The benchmark DAX was hovering around record highs a little while ago, gaining 34.36 points or 0.16% at 21,764.94.<\/p>\n<p>Data from Destatis said retail sales in Germany dropped by 1.6% month-over-month in December 2024, following downwardly revised 0.1% fall in the previous month. On annual basis, retail sales rose 1.8% in December, but fell short of an expected increase of 2.5%. Retail sales rose by a downwardly revise 2.9% annually in November.<\/p>\n<p>According to results of the labour force survey, 1.44 million people were unemployed in December 2024. That was an increase of 129,000, or 9.9%, compared with December 2023. The unemployment rate rose to 3.2% in December 2024, compared with a 2.9% rise in December 2023. <\/p>\n<p>Compared with the previous month, the adjusted unemployment rate remained at 3.4% in December 2024.<\/p>\n<p>Consumer price inflation is seen at 2.6%, the same as in December. <\/p>\n<p>Sartorius, Daimler Truck Holding, Continental, Merck, Vonovia and BASF are down 0.8 to 1%. Adidas and BMW are modestly lower.<\/p>\n<p>Siemens Energy and MTU Aero Engines are gaining nearly 1%. RWE is up 0.8%, while Deutsche Bank, Infineon, Symrise, Deutsche Post, Commerzbank and Beiersdorf are advancing 0.3 to 0.7%.<\/p>\n<p>Midcap stocks HelloFresh and Delivery Hero are gaining 2.5% and 2.2%, respectively. Hugo Boss is rising nearly 2% and Hensoldt is up 1.8%. <\/p>\n<\/p>\n<\/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 Advances, Hovers Around Record High<\/a><br \/>\n<br \/>2025-01-31 09:12:10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks are edging higher in cautious trade Friday morning with investors digesting the nation&#8217;s retail sales and unemployment data, and looking ahead to the consumer price inflation report due&#8230;<\/p>\n","protected":false},"author":2,"featured_media":55656,"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-55655","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55655","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=55655"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/55656"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=55655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=55655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=55655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}