FRANKFURT (dpa-AFX) - At the end of a mixed week and a weak quarter, the Dax was able to gain slightly. After one hour of trading, the leading index rose by 0.20 percent to 18,246.48 points, setting itself apart from the MDax, which fell by 0.19 percent to 25,325.90 points. At the same time, the EuroStoxx, the leading eurozone index, was just above the previous day's level.

Wall Street rose slightly after the end of European trading, which helped prices somewhat. At the end of the week, the focus is now on inflation signals: the development of consumer prices in France and Spain met expectations in the morning. Price data from Italy and the so-called PCE deflator from the US, which is the Fed's preferred inflation measure, will be released later.

Investors are also taking a critical look at the first round of parliamentary elections in France this weekend. "Marine Le Pen's right-wing party is in the starting blocks to take over the reins of government in France," said market analyst Frank Sohlleder from broker Activtrades. "The election will not be decided on Sunday, but there will be tendencies in which direction the pendulum will swing in France."

Over the course of the week, the Dax is up half a percent, which means it is continuing to stabilize. The chart experts at HSBC currently see the leading index in a "one step forward, one step back" phase. They see the line of the 50-day moving average at 18,380 points as the first hurdle worth mentioning. On the other hand, the lows from the previous week, which are slightly below 18,000 points, must no longer be undercut.

On the last trading day in June, it is also time to draw a conclusion for the first half of the year: The Dax is currently heading for a gain of around nine percent here, although this is heavily influenced by the first quarter. In the second quarter of the year, the leading index has fallen by 1.3 percent so far.

Among the individual stocks, Adidas and Puma took center stage due to a severely disappointing outlook from Nike. The first waves of a significant drop in share prices beforehand have at least subsided in the case of Adidas, as the realization has set in that the problems at the American company are mainly home-made. Nike is also expecting a decline in sales in the new financial year.

Adidas shares were volatile, as they even rose at times due to positive reports on the German sporting goods manufacturer's second quarter. A certain optimism for Adidas should be underlined at the half-year level, wrote analyst James Grzinic in his outlook. Most recently, however, Adidas was down just under 0.2 percent, while Puma was down a substantial 2.7 percent. A double-digit percentage drop is on the cards for Nike shares.

Delivery Hero shares were also a loser on Friday, falling 1.8 percent to a low since the beginning of March. The early departure of the previous CFO Emmanuel Thomassin, who had actually only been announced for September, caused uncertainty. According to Barclays analyst Andrew Ross, this is bad for sentiment, especially as there is still no succession plan in place. With Marie-Anne Popp and a temporary advisory role for Thomassin, there is only an interim solution.

The SDax-listed shares of Deutsche Beteiligungs AG also came under heavy pressure, falling by almost seven percent due to an announced issue of a 100 million euro convertible bond. These are reportedly convertible into new shares. Investors could therefore be threatened with a dilution of profits.

The 4.3 percent higher shares of Deutz fared better in the third-class index. The engine manufacturer announced a takeover in the USA with Blue Star Power Systems. Warburg analyst Stefan Augustin assessed the expansion in the field of power generation gensets as positive. Deutz is expanding its product portfolio and creating strategic opportunities./tih/jha/