The German DAX® index has once again reached a new all-time high, climbing above the 20,883-point mark this morning. This represents a gain of more than 1% compared to the previous day. Optimism among investors is largely driven by stocks in the luxury and semiconductor sectors, with long-factor options on LVMH, the renowned French luxury powerhouse, ranking among the most traded products today.
LVMH and Richemont Boost the Luxury Sector
LVMH shares surged by 9% yesterday, though the rally was not attributed to any announcements from the company itself. Instead, the rise followed the release of robust quarterly results from Richemont, the Swiss luxury goods group, which exceeded analysts’ expectations. This strong performance has generated enthusiasm across the entire luxury sector. Investors are now eagerly awaiting LVMH’s own quarterly report, which is expected to be published soon.
Challenges for Apple
On the technology front, Apple saw its stock drop by over 4% yesterday, fueled by concerns over weak iPhone sales in China. The company’s market share in the region has fallen to third place, trailing behind local competitors Vivo and Huawei. Adding to the unease, doubts about Apple’s progress in artificial intelligence have further shaken investor confidence. Over the past month, Apple shares have already dropped nearly 9%. Call options on Apple stocks remain under close watch, reflecting the ongoing volatility surrounding the tech giant.
Renk Gains Amid Defense Sector Momentum
Meanwhile, call knock-out options on Renk are in high demand. The company’s stock has seen a notable increase in recent days and is up by more than 2.5% in Xetra trading today. This performance follows in the footsteps of Rheinmetall, as both companies benefit from heightened defense industry activity, partially spurred by former U.S. President Donald Trump’s calls for increased defense spending. A significant portion of Renk’s new contracts are tied to military projects, further driving its stock upward.
EUWAX Trends and Popular Leveraged Products
The European Warrant Exchange (EUWAX), a marketplace for trading equities, bonds, funds, and derivative financial products, continues to see significant activity in leveraged products. Investors are particularly focused on options related to high-volume titles.
For those interested, more options can be explored on platforms like onemarkets.de, or you can create and issue your own leveraged product using tools like the my.one direct feature available on the stock3 Terminal.
Disclaimer
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Investing in such products may involve significant complexity and risk, which may not be suitable for all investors.