FRANKFURT (dpa-AFX Broker) - Deutsche Borse shares, which recently reached record highs, lost some ground on Wednesday after the presentation of quarterly figures. Instead of accepting new record highs, investors took profits.
In Tradegate trading, the shares traded at just under 213 euros in the morning, almost two percent below their Xetra closing price. Last Thursday, a peak of 218.70 euros was paid for the shares of the Borsen operator.
According to traders, the results published the previous evening after the close of trading were slightly below expectations, while an upgraded outlook no longer helped the shares. According to UBS expert Michael Werner, this had already been factored into the consensus estimates. Earnings in the third quarter were slightly disappointing.
The quarterly result was strong at the operating profit level, but benefited from lower costs./tih/mis
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