FRANKFURT (dpa-AFX Broker) - The scope for further price gains in Siemens Energy shares, which have performed very strongly since October, may be narrowing. On Wednesday, well-received quarterly figures with a strong cash inflow, which was particularly praised by analysts, were only enough for a strong price increase at the beginning, which some market participants then used to take profits.

The shares recently hovered around their previous day's close at just under EUR 25. The 50-day line, which signals the medium-term trend and is proving to be resistance, currently runs along this area.

The recently crisis-ridden energy technology group is now well on the way to ending the financial year in the black. However, the share price has already anticipated much of this: since the beginning of the year, the share price has gained 104%, making Siemens Energy by far the best-performing stock in Germany's leading index, the Dax./ajx/mis