FRANKFURT (dpa-AFX Broker) - Fantasy regarding the entry of a new major shareholder boosted Ceconomy shares on Wednesday.

In trading at the broker Lang & Schwarz, they rose by up to 23 percent compared to the Xeta close following a report in "Manager Magazin", according to which the Chinese provider JD.com is said to be interested in acquiring a stake. Recently, the increase was put back into perspective to just under 16 percent.

While the Ceconomy share price was still below 2 euros at the end of October, its lowest level for almost a year, the recent recovery is now taking shape.

With the jump in the share price on Wednesday, the shares would build on their rally of the previous day, which, with an increase of almost 8 percent, was mainly driven by the market and the generally increased risk appetite of investors./tih/mis

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