{"id":9979,"date":"2021-05-21T08:57:55","date_gmt":"2021-05-21T08:57:55","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/21\/dax-edges-higher-in-lackluster-trade\/"},"modified":"2021-05-21T08:57:55","modified_gmt":"2021-05-21T08:57:55","slug":"dax-edges-higher-in-lackluster-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/21\/dax-edges-higher-in-lackluster-trade\/","title":{"rendered":"DAX Edges Higher In Lackluster Trade"},"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 Friday after flash survey results from IHS Markit showed the country&#8217;s private sector activity experienced a slight pick-up in May, driven by an improved performance across services.<\/p>\n<p>The composite output index advanced to 56.2 in May from 55.8 in April, driven by a return to growth in services activity amid easing of some lockdown restrictions.  But the reading was below the expected level of 57.1.<\/p>\n<p>Growth in manufacturing moderated, with the corresponding PMI falling to 64.0 in May from 66.2 in the previous month. The services PMI hit a 10-month high of 52.8 versus 49.9 a month ago.<\/p>\n<p>The benchmark DAX inched up 17 points, or 0.1 percent, to 15,388 after climbing 1.7 percent in the previous session. <\/p>\n<p>CTS Eventim shares surged 5.1 percent. The concert promoter and ticketing company said ticket sales in Germany have begun to pick up for major and mid-sized artists and events.<\/p>\n<p>BMW rose half a percent. The automaker said it expects an antitrust fine from the European Union will be much smaller than anticipated two years ago.<\/p>\n<p>Lufthansa slumped 6.6 percent after the Thiele family, the second-largest shareholder, sold more than half its stake in the airline group. <\/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 Edges Higher In Lackluster Trade<\/a><br \/>\n<br \/>2021-05-21 08:57:55<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks were flat to slightly higher on Friday after flash survey results from IHS Markit showed the country&#8217;s private sector activity experienced a slight pick-up in May, driven by&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9980,"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-9979","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9979","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=9979"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9980"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}