The chip manufacturer was again one of the biggest winners in the past week.
(Photo: dpa)
Dusseldorf The German stock market increased significantly in the past stock exchange week despite the weak Friday. The leading index Dax closed at 15,476 points and thus increased by more than two percent on a weekly basis. In the meantime, at 15,521 points, it even reached its highest level since the outbreak of the Ukraine war in February 2022.
The small cap index MDax and the small cap index SDax also went up. Among the biggest weekly winners were two stocks that analysts had included among their top picks for 2023 at the start of the year.
>> Read about this: Infineon grows rapidly and raises the forecast – share price increases strongly
On the one hand Infineon: The chip group presented its numbers on Thursday. As part of this, CEO Jochen Hanebeck had increased the forecast despite the gloomy economic prospects: The manager now promises an operating margin of 25 percent for the current financial year, one percentage point more than before.
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