FRANKFURT (dpa-AFX) - Some of the biggest stock market losers in 2022 continued to be in demand on the second trading day of the new year. This was also the case on Tuesday for companies with an Internet-based business model. Their shares are benefiting particularly strongly from hopes of easing inflationary pressure, the fight against which has forced the European Central Bank (ECB) as well as other major central banks to significantly raise key interest rates.

Market observer Thomas Altmann of QC Partners believes that the recent sharp drop in oil and gas prices should have a positive impact on preliminary German consumer prices for December, due this afternoon. "A rapid decline in the inflation rate in the first quarter is the most important prerequisite for the ECB to stop turning the interest rate screw from the summer onwards," the expert stressed. The already published data from several German states showed a weakening compared to November, despite continued high annual rates.

In the Dax, online fashion retailer Zalando was among the biggest daily gainers with a plus of two and a half percent. In 2022, investors still had to cope with a slump in the share price by around half, which meant one of the bottom places in the leading German index.

Cooking box supplier Hellofresh and meal delivery service Delivery Hero were ahead in the MDax on Tuesday thanks to premiums of around eight and more than five percent respectively. Last year, they had suffered share price losses of just under 70 and 54 percent respectively.

The online used car dealer Auto1 , which is listed in the small cap index SDax and was also very weak in 2022, recovered by six percent./gl/mis