Beiersdorf AG Stock Price Movement

Beiersdorf AG, a German consumer staples company specializing in personal care products, has seen its stock price fluctuate in recent days. The company’s stock price has been influenced by broader market trends.

Market Index Performance

The DAX index, a key German stock market index, experienced moderate gains and losses on May 16. The index rose by approximately 0.64% to reach 23,847.11 points at one point during the day, before stabilizing.

DAX Sub-Index Performance

The LUS-DAX, a sub-index of the DAX, also showed gains throughout the day. The sub-index reached a high of 23,882.50 points and a low of 23,695.50 points.

Impact on Beiersdorf AG Stock Price

The company’s stock price has been impacted by these market movements. However, specific details about its performance are not provided in the news snippets. It can be inferred that the company’s stock price has been influenced by the overall market sentiment.