WACKER Stock in 2019

The WACKER share began 2019 in lockstep with world markets. Despite high volatility, the trend for share prices was generally positive. Corporate figures reported at the start of the year were predominantly sound. And in many sectors, companies continued to forecast sales and earnings growth. Initially, stock markets also gained impetus from major central banks and their ongoing accommodative monetary policy. As the year progressed, though, sentiment was clouded by revised economic growth forecasts, by more cautious corporate guidance and by political uncertainties. In particular, US-China trade tensions and disappointing solar demand in China slowed our business, causing WACKER’s share price to decline further over the year as a whole.

While Germany’s DAX, MDAX and SDAX indices posted gains of 25, 31 and 32 percent, respectively, during 2019, WACKER’s share price fell 14 percent over the same period.

At the start of the year, WACKER’s share price was €79.10 (year-end closing price on Dec. 28, 2018). WACKER stock reached its year-high of €96.16 on March 4. Following publication of WACKER’s guidance for the year on March 5, the stock gradually relinquished its previous gains.

Deutsche Börse – in its quarterly review of the composition of the DAX, MDAX, SDAX and TECDAX – announced on June 5, 2019 that WACKER stock would move from the MDAX to the SDAX effective June 24, 2019.

The stock reached its year-low of €59.04 on October 2. Subsequently, it rallied somewhat, closing the year at €67,64 on December 30, 2019.