30 am.. This represented a 0.6 percent increase compared to the previous day’s closing level. Sartorius, Deutsche Bank and Siemens Energy led the gains, while BMW, Brenntag and Commerzbank saw the lowest performance.
Across the Channel, France has appointed a new Prime Minister, though challenges remain largely unchanged, according to Thomas Altmann of QC Partners. The budget plan for the coming year is considered a top priority. Altmann suggests the new Premier will need to engage with other political factions and explore potential compromises. This may involve a partial abandonment of previously planned austerity measures. Market observers will be closely monitoring the extent to which these initial savings targets are diluted.
The Euro weakened slightly Wednesday morning, trading at $1.1700, with one US dollar fetching 0.8547 Euros.
Oil prices saw an upward trend, with a barrel of North Sea Brent crude costing $67.03 around 9 am CET – a rise of 64 cents, or 1.0 percent, compared to the previous trading day’s close.
