<form id="lwufo"><acronym id="lwufo"></acronym></form>
          Log in
          E-mail
          Password
          Remember
          Forgot password ?
          Become a member for free
          Sign up
          Sign up
          New member
          Sign up for FREE
          New customer
          Discover our services
          Settings
          Settings
          Dynamic quotes 
          OFFON

          MarketScreener Homepage  >  Indexes  >  Xetra  >  DAX    DAX   DE0008469008

          DAX

          (DAX)
          SummaryQuotesChartsNewsHeatmapComponents 
          News SummaryAll newsNews of the index componentsMarketScreener Strategies

          Wirecard shares plunge as Dubai-based partner shuts shop

          share with twitter share with LinkedIn share with facebook
          05/15/2020 | 01:12pm EDT
          The headquarters of Wirecard AG is seen in Aschheim near Munich

          Shares in Wirecard fell to more than two-year lows on Friday after a Dubai-based business partner closed its doors even as the German payments company played down the impact on operations.

          The shares dropped after a tweet pointed to a May 11 liquidation notice in the newspaper Gulf Today by Al Alam Solution Provider FZ based in Dubai. A newspaper employee confirmed the publication of the notice in its print edition.

          Al Alam was one of Wirecard's routing partners for payment transactions. https://bit.ly/368ZOpR

          A Wirecard spokeswoman said the company was aware of the company's closure and said it would not affect its ability to handle transactions as it has reduced its reliance on third-party partners.

          The move comes after allegations by the Financial Times of accounting irregularities and disclosure violations by Wirecard, some of which involve foreign subsidiaries and third-party business partners.

          Wirecard has repeatedly denied allegations. Al Alam was one of the companies named by the FT as a third-party business partner.

          Al Alam "is reacting to the damage to its reputation caused by the public questioning of its integrity," the Wirecard spokeswoman said in an emailed statement.

          Al Alam did not respond to requests for comments by phone and email outside of normal business hours.

          Shares closed 7.6% lower, the biggest faller on Germany's blue-chip DAX 30 index.

          (Reporting by Tom Sims, Hans Seidenstuecker, and Christina Amann in FRANKFURT, Michelle Martin in BERLIN and Thyagaraju Adinarayan in LONDON; Editing by Josephine Mason)

          Stocks mentioned in the article
          ChangeLast1st jan.
          DAX -2.02% 12838.06 Delayed Quote.-3.10%
          SIMS LIMITED 0.61% 8.19 End-of-day quote.-23.24%
          THE NEW HOME COMPANY INC. -2.52% 4.25 Delayed Quote.-8.80%
          WIRECARD AG -5.35% 1.59 Delayed Quote.-98.52%
          share with twitter share with LinkedIn share with facebook
          Latest news on DAX
          07/24Shares retreat globally on U.S.-China tensions, gold soars
          RE
          07/24Shares retreat globally on U.S.-China tensions, gold soars
          RE
          07/24Shares retreat globally on U.S.-China tensions, gold soars
          RE
          07/24EUROPE : U.S.-China tension, virus worries weigh on European stocks; Centrica so..
          RE
          07/24Weekly market update : The equation gets complicated
          07/23Stocks gain as upbeat earnings outweigh U.S.-China tensions
          RE
          07/23Daimler flags recovery signs, sees Mercedes-Benz EBIT rising this year
          RE
          07/23Stocks gain as earnings eclipse new U.S.-China tensions
          RE
          07/23Daimler flags recovery signs, sees Mercedes-Benz EBIT rising this year
          RE
          07/23Daimler flags recovery signs, sees Mercedes-Benz EBIT rising this year
          RE
          More news
          Chart DAX
          Duration : Period :
          DAX Technical Analysis Chart | MarketScreener
          Full-screen chart
          Technical analysis trends DAX
          Short TermMid-TermLong Term
          TrendsBullishBullishNeutral
          Top / Flop DAX
          FRESENIUS MEDICAL CARE AG & CO. KGAA 76.42 Delayed Quote.-3.27%
          MTU AERO ENGINES AG 147 Delayed Quote.-3.29%
          INFINEON TECHNOLOGIES AG 21.79 Delayed Quote.-3.95%
          SAP SE 135.64 Delayed Quote.-3.98%
          WIRECARD AG 1.59 Delayed Quote.-5.35%
          Heatmap :
          官方真人棋牌游戏平台