Frankfurt germany Stock QuoteHard to explan why BBD is at -.02 euro this morning in Frankfurt considering that Airbus is having a big show tomorrow to formaly show the CS300 new colors and label. There is also a possibility that Airbus announces a sale at the same occasion.
Announcing a sale of some CSseries planes tomorrow would be a smart move from Airbus as it would put pressure on interested airlines to prepare their buy orders for the Fareborough airshow if they do not want to be at the tail end of the manufacturing queue.
Today should be a buy opportunity unless you haven't already a truck load of shares. This should push the SP up.
However, considering that the volume in Frankfurt is less than 30 K ttransactions, it could change quickly as soon as the North American markets open.