FRANKFURT (dpa-AFX Broker) - The shares of fashion manufacturer Hugo Boss extended their previous day's gains on Tuesday. In the early afternoon, they gained 1.5 percent among the favorites in the MDax.

Bankhaus Metzler had given the stock a "buy" rating in the morning. Hugo Boss had already benefited from a positive assessment by investment house Jefferies at the start of the week.

For the time being, they have halted their recent downward trend, which had pushed the shares back to their lowest level since November 2022 at the beginning of April. In 2024, however, they are still among the biggest losers in the mid-cap index with a discount of more than a fifth./ajx/mis