DusseldorfThe surprisingly good figures of the US banks JP Morgan and Wells Fargo have provided at the end of last trading week on the German stock market for good mood among the investors: For the first time the Dax rose on Friday again above the mark of 12,000 points. At the close, he narrowly missed them and went 0.54 percent higher with 11,999 points from the trade.
At the start of the week, the Frankfurt benchmark is likely to commute again around the 12,000-point mark: on over-the-counter trading platforms, the German leading index is slightly ahead in terms of pre-trade.
Investors will attend Monday, including the general meeting of the French media group Vivendi and the numbers of other US banks. Only they will show if the good numbers of JP Morgan in the past week were only a positive slip-up.
1 – Specification from the USA
Millions of profits of the major bank JP Morgan for the start of the financial year as well as the new strategy of the entertainment company Walt Disney have helped Wall Street on Friday to profits. The Dow Jones New York Standard Index closed 1.03 percent higher at 26,412 points.
The broader S & P 500 gained 0.66 percent to 2907 points, the first time since the beginning of October that it was above the 2900 point mark. The index of the technology exchange Nasdaq climbed 0.46 percent to 7984 points.
2 – Trade in Asia
The Tokyo Stock Exchange started trading at the beginning of the week with a plus. The 225-value Nikkei Index was 1.4 percent higher at 22,178 points. The broader Topix index rose 1.5 percent to 1629 points.
The Shanghai Stock Exchange was up two percent. The index of key companies in Shanghai and Shenzhen gained 2.4 percent. The MSCI index for Asian equities outside Japan rose 0.5 percent.
3 – Goldman Sachs and Citigroup report quarterly results
Has the big bank JP Morgan set the direction for two other heavyweights on Wall Street with its good quarterly figures? Goldman Sachs and Citigroup announce their figures for the past quarter on Monday. While analysts at Goldman Sachs expect a profit decline, they trust Citigroup to increase profits.
However, analysts' expectations are currently being considered with caution: none of the analysts JP Morgan, for example, has credited a record quarterly result of more than $ 9 billion.
4 – Akasol presents numbers
Since last summer, the manufacturer of battery systems is on the Frankfurt floor. This Monday, CEO Sven Schulz presents the results of last year. The Darmstädter supply batteries for commercial vehicles, a promising business field. Nevertheless, the price could use a boost – after the IPO Akasol's paper fell permanently. Only since March, the investors see Akasol again slightly more positive.
5 – Vivendi invites you to the Annual General Meeting
The most important point at the shareholder meeting of the French media group is a share buyback program. The company seeks shareholder permission to retire a quarter of the stock. This could lead to major shareholder Vincent Bolloré gaining more influence. That is why proxy advisers have spoken out against it. The remuneration of CEO Arnaud de Puyfontaine is also controversial among investors.
On Monday morning, the company announced that it had benefited from the recent acquisition of publisher Editis. Consolidated sales in the first quarter rose by just under eleven percent to 3.46 billion euros. Vivendi also said that the proposed sale of up to 50 percent of the music division UMG is progressing as planned.
Dates company on April 15
07:00 France: Vivendi Q1 sales and Annual General Meeting
10:00 Germany: Bauer balance Pk, Munich
13:30 USA: Goldman Sachs Q1 numbers
14:00 USA: Citigroup Q1 numbers
Portugal: Galp Energia Q1 Trading Update
USA: Charles Schwab Q1 numbers
Dates economy on April 15
10:00 Poland: Consumer Prices 03/19 (final)
12:00 Germany: Bundesbank Monthly Report 04/19
14:30 USA: Empire State Index 04/19
14:30 USA: Fed President of Chicago, Evans, giving a speech
15:00 Belgium: Trade balance 02/19
(t) Transaction (t) Investment Strategy (t) Goldman Sachs (t) Citigroup (t) Akasol (t) Vivendi (t) Stock (t) Stock Market (t) JP Morgan (t) Charles Schwab (t) Bundesbank (t) Standard & Poor's (t) Galp Energia SGPS SA (t) Wells Fargo (t) Disney