FRANKFURT (dpa-AFX)

-------------------------------------------------------------------------------

SHARES

-------------------------------------------------------------------------------

GERMANY: - MODERATE LOSSES EXPECTED - The Dax is likely to start the day slightly lower on Tuesday. Broker IG priced the leading German index 0.1 percent lower at 18,272 points around two and a half hours before the Xetra start. On Monday, the Dax had started strongly after the first round of the French election and climbed to 18,460 points in the first few minutes of trading. However, uncertainty remained with regard to the political landscape in France. The DAX remained stuck at the 50-day average line, which had already been breached in the meantime and now stands at 18,391 points. In view of the price recovery on the US stock market, however, the Dax was able to close the first day of the week with a small gain. In the United States, technology stocks on the Nasdaq, which had been weak in the meantime, were able to make gains.

USA: - GAINS - The US stock markets started the new Borsen week and the second half of 2024 with moderate gains. There was a slight tailwind from the economy on Monday: sentiment data from industry in June fell short of expectations and tended to support a looser monetary policy from the US Federal Reserve. Headwinds came from the US bond market, where the yield on ten-year US government bonds climbed to its highest level since the end of May. Due to the national holiday on July 4, trading will be shortened on Wednesday and the stock exchanges will be closed on Thursday. The Dow Jones Industrial closed up 0.13% at 39,169.52 points on Monday. In the first half of 2024, the Dow had gained just under 4 percent. The broad market S&P 500 rose by 0.27% to 5475.09 points on Monday. The technology-heavy Nasdaq 100 index rose by 0.66 percent to 19,812.22 points.

ASIA: - GAINS IN TOKYO, CHINA SURGE - The stock market in Tokyo made significant gains on Tuesday. Japan's leading index, the Nikkei 225, was up 1.2 percent shortly before the end of trading. Banks and insurance stocks in particular provided a tailwind, as yields on Japanese government bonds continued to rise. The background to this is ongoing speculation that the Japanese central bank will tighten monetary policy in the near future. The CSI 300, which tracks the most important stocks on the Chinese mainland stock exchanges, fell by 0.1 percent in late trading, while the technology-heavy Hang Seng Index in the Chinese special administrative region of Hong Kong rose by around half a percent.

^

DAX 18290.66 0.30%

XDAX 18308.98 0.27%

EuroSTOXX 50 4929.99 0.73%

Stoxx50 4507.92 0.37%

DJIA 39169.52 0.13%

S&P 500 5475.09 0.27%

NASDAQ 100 19812.22 0.66%

°

-------------------------------------------------------------------------------

BONDS / FOREIGN EXCHANGE / CRUDE OIL

-------------------------------------------------------------------------------

YIELDS:

^

Bund future 130.55 +0.09%

°

DEVISES:

^

Euro/USD 1.0729 -0.11%

USD/Yen 161.67 0.13%

Euro/Yen 173.45 0.02%

°

CRUDE OIL:

^

Brent 86.82 +0.22 USD

WTI 83.52 +0.14 USD

°

/mis