The Dax gained a little on the day of the US interest rate decision. Otherwise, the focus was on a flood of quarterly figures and prospects for German companies. At the end of trading on Wednesday – a few hours before the US Federal Reserve’s interest rate hike, which was widely expected to be repeated – the leading German index gained 0.53 percent to 13,166.38 points. The MDax for medium-sized companies even rose by 1.65 percent to 26,491.91 points.
The Dax gained a little on the day of the US interest rate decision. Otherwise, the focus was on a flood of quarterly figures and prospects for German companies. At the end of trading on Wednesday – a few hours before the US Federal Reserve’s interest rate hike, which was widely expected to be repeated – the leading German index gained 0.53 percent to 13,166.38 points. The MDax for medium-sized companies even rose by 1.65 percent to 26,491.91 points.
Source: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
