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Indices Updates by Solid ECN
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[QUOTE="SOLIDECN, post: 215187, member: 80239"] [JUSTIFY]DAX 40 - German stock market continues its uptrend The Frankfurt Stock Exchange's leading index, the DAX 40, corrects higher to trade at 14480 on positive news from the corporate sector. One of the leading energy companies in Europe, Enel S.p.A., announced its intention to sell up to 21 billion euros of its non-core assets to increase financial stability, as it plans to increase capital expenditures for the period from 2023 to 2025. In turn, shares of medical device maker Fresenius SE are rising as the company's management announced the placement of two tranches of bonds worth a total of 1 billion euros in order to raise the necessary funds for corporate-wide needs. [img]https://i.ibb.co/Wg7Vd6r/dax.png[/img] On the daily chart of the asset, the price is trading above the resistance line of the descending channel, actively rising and reaching the highs of this spring, and the technical indicators maintain a steady buy signal. Support levels: 14270, 13570 | Resistance levels: 14720, 15430[/JUSTIFY] [/QUOTE]
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