DAX (GER 40) Has Lost About 3% Over last 24 hours. Mercedes (MBG), Delivery Hero (DHER) And BMW Have Decreased.

DAX (GER 40) Has Lost About 3% Over last 24 hours. Mercedes (MBG), Delivery Hero (DHER) And BMW Have Decreased.

Five-day DAX Price Chart shows it went up after a significant decline few days ago. However, today’s daily chart shows there’s a small downtrend and many companies have decreased since yesterday. Significantly affected - two major automotive industries and Delivery Hero.

All of presented charts are courtesy of TradingView.com

DAX (GER 40) Has Lost About 3% Over last 24 hours. Mercedes (MBG), Delivery Hero (DHER) And BMW Have Decreased.  - 1

GER 40 has caught the ‘ground level’, but still trades Ca. 8% lower than before warfare in the Eastern Europe as chart shows:

DAX (GER 40) Has Lost About 3% Over last 24 hours. Mercedes (MBG), Delivery Hero (DHER) And BMW Have Decreased.  - 2

But what about last 24 hours what triggers us mostly?

DAX (GER 40) Has Lost About 3% Over last 24 hours. Mercedes (MBG), Delivery Hero (DHER) And BMW Have Decreased.  - 3

A decline amounts to ca. 3%. Many of stocks have decreased by these three – BMW, MBG And DHER have done it significantly.

Mercedes-Benz AG has declined by almost 6%

DAX (GER 40) Has Lost About 3% Over last 24 hours. Mercedes (MBG), Delivery Hero (DHER) And BMW Have Decreased.  - 4

BMW has neared the -7% level.

DAX (GER 40) Has Lost About 3% Over last 24 hours. Mercedes (MBG), Delivery Hero (DHER) And BMW Have Decreased.  - 5

Delivery Hero (DHER) has plunged by almost 6.5%, have a look at the chart below:

DAX (GER 40) Has Lost About 3% Over last 24 hours. Mercedes (MBG), Delivery Hero (DHER) And BMW Have Decreased.  - 6

Source: TradingView.com, Investing.com, Capital.com

Mikołaj Marcinowski

Mikołaj Marcinowski

Business Development Manager FXMAG

Journalist, finance passionate