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BASF Stock Soars Amidst Auto Sector Slump
BASF stock rose nearly 2 percent due to cost-cutting measures and a Deutsche Bank upgrade, contrasting with significant losses in the German auto sector; however, strong performances by SAP (up 60 percent) and Telekom (up 40 percent) buoyed the DAX despite economic headwinds.
BASF Stock Soars Amidst Auto Sector Slump
BASF stock rose nearly 2 percent due to cost-cutting measures and a Deutsche Bank upgrade, contrasting with significant losses in the German auto sector; however, strong performances by SAP (up 60 percent) and Telekom (up 40 percent) buoyed the DAX despite economic headwinds.
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