Investor Relations
Development in the stock market
Following the weak start to the stock market year 2009 due to the financial and economic crisis, the stock markets advanced considerably in the period from April to June. This trend also continued in the third quarter. The Dow Jones Industrial Average rose by 7.5 % in the first nine months of the year. The DAX moved up by over 14 % and the MDAX, on which the MLP share is listed, recorded a gain of 28 %. The rise in German financial stocks was somewhat weaker. The DAXsector Financial Services increased by only 10 %.
MLP share, MDAX and DAXsector Financial Services in the first nine months 2009
The MLP share
Until the beginning of May the MLP share followed the general development on the stock markets. Both the downtrend until the end of the first quarter as well as the subsequent share price recovery moved in line with the overall indices. However from May the MLP share was unable to follow the continued upward direction of the markets. At the start of the year the share price stood at € 9.91 and then fell during the course of the first quarter to as low as € 5.25. The closing price on September 30, 2009 stood at € 7.93.
Key figures concerning the MLP share
| 9 months 2009 | 2008 | |||
|---|---|---|---|---|
| Opening price | € 9.91 | € 10.74 | ||
| Highest price | € 10.98 | € 14.25 | ||
| Lowest price | € 5.25 | € 8.18 | ||
| Closing price | € 7.93 | € 9.80 | ||
| Dividend for the previous year | € 0.28 | € 0.50 | ||
| Market capitalisation (end of the period under review) | € 855,470,462 | € 1,057,039,182 | ||
Award for the Annual Report 2008
MLP was placed third in the MDAX category in this year’s awards for the best Annual Report 2008 presented by “manager magazin”. In the direct industry comparison we actually improved our standing by one place and achieved second position among the financial stocks. Each year, under the scientific guidance of Prof. Baetge, the „manager magazin“ analyses the annual reports of the major German and European stock marketlisted companies and presents awards to those companies that best provide their investors with comprehensive and reliable information.