German stocks slip as Qiagen drops on CEO change

finanzen.net (German)

German stocks opened the week slightly lower, with the DAX falling 0.12 percent to 26,107 points. Technology and automotive sectors led the declines. Qiagen shares dropped 3.09 percent after the diagnostics company named Jonathan M. Pratt as new CEO effective September 1. Uncertainty over a potential takeover offer and a fall below the 200-day line weighed on the stock. US markets were mixed as chip weakness hit the Nasdaq 100, while the Dow rose. Oil prices fell on resumed Hormuz shipments, and Asian markets traded mostly higher.


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