During the first quarter of 2014, the Merck share price declined by approximately 6%. Thus, it underperformed the DAX® by about 6 percentage points. The share’s underperformance was approximately 10 percentage points compared to the relevant index for the pharmaceutical industry, and 5 percentage points versus the relevant index for the chemical industry.
Merck shares reached a new all-time high of € 135.45 on January 22, 2014, but closed the quarter about 10% lower at € 122.25. The average daily trading volume in the first quarter of 2014 improved to 399,000 shares, a marked 54% above the prior-year level.
Share price development from January 1, 2014 to March 31, 2014
