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Deutsche Bank: capital increase ok

Deutsche Bank successfully completed the €8 billion capital increase, with 98,9% of subscription rights exercised. The unexercised rights will be sold on the market. The increase, the fourth since 2010 for the German bank, saw 687,5 million new shares subscribed at a price of 11,65 euros each.

(Teleborsa) – Deutsche Bank has successfully concluded its 8 billion euro capital increase, with 98,9% of subscription rights exercised. The unexercised rights will be sold on the market. The increase, the fourth since 2010 for the German bank, saw 687,5 million new shares subscribed at a price of 11,65 euros each.

The first German bank in terms of assets is demoted, with a drop of 1,66%.

The general technical context highlights bearish implications which are strengthening for Deutsche Bank, with negative stresses such as to force the levels towards the support area estimated at 15,29 Euros. Contrary to expectations, however, bullish pressures could push prices up to 15,68 where there is an important resistance level. The dominance of the bears fuels negative expectations for the next session with a potential target placed at 15,15.

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