FRANKFURT (dpa-AFX) - Shares in Siemens Energy slid to their lowest level in a month on Friday, continuing their recent downward trend. After a peak minus of 6.6 percent, the discount was then still 3.5 percent. This made the securities one of the biggest losers in the Dax.
In the first few days of the year, the stock was still able to continue its record rally after a price fireworks display in the previous year, but recently investors have been increasingly taking profits. In 2024, the share price more than quadrupled in an impressive rally. Siemens Energy had advanced from being a problem child - mainly due to problems at its wind power subsidiary Gamesa - to being an investor favorite.
Currently, investors on the stock markets are eagerly awaiting the imminent inauguration of Donald Trump and his first official acts. Trump is known to be a supporter of traditional energy sources and had already emphasized this during his candidacy. He is considered an opponent of renewable energies and climate policy, from which companies like Siemens Energy benefit./tih/men