FRANKFURT (dpa-AFX) - The rally in Siemens shares appears to be over for the time being after the technology group's quarterly figures on Thursday. One trader described the report as somewhat disappointing and ultimately anything but perfect.

The share price, which had reached a record high of 188.88 euros at the beginning of the week and had thus risen by 58 percent since the end of October alone, corrected by 3.6 percent to 180.95 euros in pre-morning trading on Tradegate compared to the Xetra close.

Analyst Mark Fielding from the Canadian bank RBC spoke of mixed results from the Munich-based company. The disappointing profit development in the industrial business was mainly due to Siemens Healthineers. In contrast, the surprisingly high earnings per share benefited from a positive tax effect. Siemens had confirmed its overall outlook, but was now more cautious for the Digital Industries division and more confident than before for the intelligent infrastructure business./ajx/jha/