FRANKFURT (dpa-AFX) - The shares of SMA Solar more than made up for their significant losses of the previous day on Thursday in a positive stock market environment. The shares of the manufacturer of inverters gained double digits in value, but are not the only ones in the small cap sector to do so. Everything points to falling interest rates in the coming year, which was celebrated by investors on Thursday, especially in the small cap sector.

Meanwhile, there is much speculation about the austerity measures resulting from the agreement on the federal budget reached the day before after a tough struggle. Vice-Chancellor Robert Habeck (Greens) had also spoken of painful cuts for the solar industry. The German Solar Industry Association (BSW), on the other hand, emphasized that, according to reports, there would be no cuts in the demand for solar systems via the Renewable Energy Sources Act (EEG).

However, the BSW criticized the fact that the necessary construction of solar factories in Germany would be affected by the Ampel coalition's plans for cuts. This was also addressed once again in a media report on Thursday, but only had a brief negative impact./ag/mis