Deutsche Börse z.U.

Exchange operator Deutsche Börse came under pressure after the framework agreement in the Middle East crisis and the decline in oil prices, as volatility in major markets has recently eased. Given ongoing growth and inflation worries, the market environment is likely to remain strained in the coming weeks. For the core trading & clearing business, analysts nonetheless still expect record results for Deutsche Börse. » Plus sur finanzen.net

After new yearly and multi-year highs, yields eased slightly toward the end of the week but remain volatile. New issues of government and corporate bonds were particularly sought after, including bonds from Deutsche Telekom. PNE is offering an exchange offer for its bond maturing in 2027 and plans to issue a new 2031 bond with a coupon of 6.75–7.75%; existing bondholders will receive a cash compensation of €12.50. Traders also report robust buying in franc and dollar paper as well as isolated trading activity in Commerzbank and Heidelberg bonds. » Plus sur finanzen.net

Deutsche Börse shares rose nearly five percent after hedge fund TCI increased its stake to 5.15 percent. Additionally, high trading volumes during the volatile market phase—particularly on energy exchange EEX and at Eurex—are boosting revenues. Other price drivers include the ongoing share buyback program and the planned roughly €5 billion takeover of Allfunds. » Plus sur deraktionaer.de