FRANKFURT (dpa-AFX) - Renk investors looked past the placement of shares by financial investor Triton with a discount on Friday. In the meantime, the shares had lost up to 5 percent, but they more than made up for this in the course of the day. The shares ended trading 0.4 percent higher.

According to Borsianer, the financial investor sold ten percent of its shares at 25 euros per share, having previously held 62 percent of the company, which went public at the beginning of February. Compared to the previous day's closing price of 26.30 euros, he accepted a discount.

However, the share price stabilized again at the level of the 25 euro transaction. Investors obviously sensed another buying opportunity here. Renk had benefited greatly from the arms rally until the beginning of April, climbing to a peak of 39.75 euros. Since then, they have lost a third of their value./tih/he