Börse Express – Infineon – Still in bear market rally

Infineon’s shares have recovered strongly since the low of EUR 10.13 on March 19 and have risen significantly in recent weeks. The upward trend, which is currently still a bear market rally, was reached on April 14 at EUR 17.33. As a result, the stocks sagged again, with a new short-term low at EUR 15.07 … Read more

Oil transportation prices skyrocketed due to trade war between Russia and Saudi Arabia

Owners of oil tankers raised transportation prices several times, reports Bloomberg. This happened after the OPEC countries and Russia failed to agree on a reduction in oil production and, in turn, announced an increase in production. As a result, the employment of oil tankers approached 100%. Saudi Arabia, trying to flood the market with cheap … Read more

Börse Express – Andritz: A record number of orders, but …

The ongoing restructuring at the Andritz subsidiary Schuler had a significant impact on the profits of the Styrian plant manufacturer in the past financial year 2019. The ongoing weakness in the international car market makes “capacitive adjustments necessary, which will be implemented in 2020 and 2021”. The result: Schuler slipped into the red with 121.9 … Read more