METRO AG - METRO Group

Metro stock: prices volatile
Against the backdrop of a continuing weak
situation within the German consumer goods
retail trade and with sales and income prospects
remaining poor in comparison with other DAX
sectors, German retail stocks in 1996 fell short
of the DAX/CDAX average.
In the year 1996, the German stock index (DAX)
climbed 28.2 percent to 2,888.69 points. The
CDAX index, which covers 356 German listed
companies (as of December 30, 1996), likewise
surged by 22.1 percent to 263.46 points. In contrast,
the so-called CDAX Consumption Index,
which reflects the price trend of German listed
Metro stock price trend 1)
DM
180
175
170
165
160
155
150
145
140
135
130
125
120
115
110
105
100
68
companies of the retail and consumer goods
industries, underperformed, inching up by 4.2
percent to 143.28 points at December 30, 1996.
As of December 30, 1996, Metro common stock
was quoted at a closing price of DM 124, hence
some 8.8 percent below the opening quotation
of DM 136. Preferred stock I and II fell 13.9 and
15.8 percent to DM 87 and DM 85, respectively.
As from January through end-April 1997, prices
of Metro stock showed a general upswing.
METRO
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
1)
January 1996 through April 1997. Metro stock absolute; determination of historical price trend (Jan. 2 to July 18, 1996)
based on price history of Kaufhof common stock and allowing for merger-related share exchange ratio plus cash
premium. DAX, CDAX, CDAX Consumption indexed to Metro stock.
Source: Datastream
DAX
CDAX Consumption
CDAX