Because of the balance-sheet scandal: Wirecard-stock price breaks up to 40 percent

The shares in a balance-sheet scandal involved the Dax group Wirecard broke on Friday morning. They fell shortly after the kick-off to 21,44% to 31,35 Euro and

Because of the balance-sheet scandal: Wirecard-stock price breaks up to 40 percent

The shares in a balance-sheet scandal involved the Dax group Wirecard broke on Friday morning. They fell shortly after the kick-off to 21,44% to 31,35 Euro and expanded its loss to around 40 percent.

on Thursday the papers were crashed by nearly 62 percent, after the payment service provider had to submit because of the billions of ambiguities in the balance sheet in its annual financial statements in spite of repeated displacement.

in addition to a repeated postponement of the numbers template for 2019 Wirecard had revealed on Thursday that the auditors have doubts as to the existence of the 1.9 billion euros that should have been recorded on trust accounts in Asia. Wirecard CEO Markus Braun believes the company may in a case of fraud is mired. However, there is already a longer criticism of the balance sheets of the group, if in other questions, which can also resolve a special audit by KPMG had not.

WIRECARD -- -- (--) Xetra tradegate long & black London SE Int. Level 1StuttgartFrankfurtSchweiz OTCWienSchweiz 1T 1W 3M 1J 3J 5J For detail view

stay Otherwise, investors on the Frankfurt stock exchange to stay at the witches ' Sabbath on the hat. The fear of a second wave of Infection of the Coronavirus pandemic dampened on Friday, the buying mood, at the same time, traders are hoping before the EU summit continues on a rapid economic recovery. The Dax 0.6 percent firmer at 12.351 points in the trade. "The stockbrokers are currently in search of a direction," said Thomas Altmann, portfolio Manager at the asset management QC partner. "Nobody knows exactly where the journey is going in the coming weeks."

Updated Date: 19 June 2020, 04:19

You need to login to comment.

Please register or login.

RELATED NEWS