Register to chat with like-minded investors on our interactive forums.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Volkswagen AG (PK) | USOTC:VWAPY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.20 | -2.32% | 8.42 | 8.32 | 8.50 | 8.50 | 8.36 | 8.42 | 832,827 | 22:00:02 |
From Nov 2023 to Nov 2024
By David Sachs
Volkswagen shares rose Wednesday after a review of practices at a jointly owned site in China found no evidence of human-rights violations.
At 1121 GMT, shares in the German car company were up 3.2% at EUR112.02.
The audit was commissioned by Volkswagen and performed by a Shenzhen law firm with Loehning, a German human-rights consultancy. It included document checks, staff interviews and inspections at a plant co-owned by Volkswagen and SAIC Motor in Xinjiang, Volkswagen said. The audit found no violations of forced-labor or child-labor regulations according to United Nations standards.
The findings could open the door for investors who were previously unable to invest in Volkswagen, Citi analysts said in a note.
"We think this could reverse a significant proportion of the VW underperformance since July 2022," the analysts said.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
December 06, 2023 06:51 ET (11:51 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Volkswagen (PK) Chart |
1 Month Volkswagen (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
