FRANKFURT (dpa-AFX) - After two days of losses, the DAX is likely to rise again on Wednesday. Broker IG estimated the leading German index to be 0.3 percent higher at 18,567 points around two and a half hours before the Xetra start in the morning. After the initially failed chart breakout on Friday afternoon, it had fallen back to its 50-day moving average on Tuesday. It is a medium-term trend barometer and is currently only rising slightly.

Fresh momentum is coming from Wall Street. The Dow Jones Industrial is currently taking the lead from the indices of the technology stock market Nasdaq, whose record rally stalled in the previous week. The Dow rallied strongly on Tuesday and only stopped just short of 41,000 points.

It is now up almost 9 percent for the year - but the gap to the Nasdaq 100 at 21 percent and the S&P 500 at almost 19 percent is still considerable. By comparison, the Dax has gained just over 10% so far in 2024, while the MDax has lost almost 6%.

Among the individual stocks in the Dax, the focus is on Adidas following strong key data for the second quarter. Expert Olivia Townsend JPMorgan finds the positive sales surprise particularly remarkable, after margins and costs had recently been the main reasons for good results. For her, Adidas is the "MVP" of the industry, i.e. the Most Valuable Player.

Daimler Truck shares are also in the spotlight. The commercial vehicle manufacturer, which is also listed on the DAX, surprisingly presented its key figures for the second quarter on Wednesday evening. These were weaker than experts had expected. The Group also had to write down the book value of its Chinese joint venture BFDA. The forecast is also under review./ag/zb