FRANKFURT (dpa-AFX Broker) - Shares in Stabilus turned up on Thursday after a weak start. With a recent price gain of 6.8 percent, they not only conquered the MDax top, but also jumped above the 100-day line, which is important for the longer-term trend, and reached the highest level since June.

The fact that the automotive supplier expects the acquisition of the American industrial automation specialist Destaco to make a positive contribution to operating earnings from the outset and does not need to raise capital for this is positive, traders wrote.

JPMorgan analyst Akshat Kacker spoke of a "transformative acquisition" that was an important step in the implementation of the company's long-term strategy./gl/stk

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