Frankfurt Market Update

LONDON (Reuters) – Frankfurt-listed shares of "Magnificent 7" stocks, Apple and Amazon, remained broadly steady on Friday amidst light trading volumes after both companies disclosed their quarterly earnings post-market on Thursday.

Apple

Apple's Frankfurt listing experienced a slight decline of 0.1% after revealing a modest growth outlook. However, early sales of the iPhone 16 outpaced those of the iPhone 15. The company's shares (NASDAQ:AAPL) mostly traded in after-hours on Thursday.

Amazon

Conversely, shares of Amazon, also listed in Frankfurt, increased by 1.3% following a third-quarter report showcasing profits and sales that surpassed Wall Street forecasts. Amazon shares surged by approximately 6% in after-hours trading on Thursday.