Wednesday, 19 June 2013

German shareholders one day behind?


party, day after, guest gone


This is the second time I have now made the observation that something has happened in a company that normally would have decreased the stock value but on the day of the news nothing really happened here in Germany. However the day after the effect was directly there with the starting price of the stock.




The first time I observed this was with Commerzbank and today I observed it for Danske bank that yesterday crashed 6% down on the Nordic market due to some issues with the Danish financial inspection unit but was 0.05% up here in Germany and today the stock starts since eight o´clock this morning with 6.1% down while it on the Nordic market is starting off with +-0% even going up a little because people wants to buy on the cheap. I find this very strange that I have now observed it already twice in a short period of time.

The question is if this is coming from that people come home from work, read the news and what has happened and then decide to place a sell order in the evening before going to bed?

Is it only downside or also upside news? It would be interesting to hear the opinion from a German day trader on how it is working.

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