The German stock market continued its upward trend on Thursday. The leading index Dax went from trading with a premium of 0.78 percent to 14,539.56 points. Because the US stock exchanges were closed, there was little impetus and sales were low. The Dax was last at the current level at the beginning of June.
The German stock market continued its upward trend on Thursday. The leading index Dax went from trading with a premium of 0.78 percent to 14,539.56 points. Because the US stock exchanges were closed, there was little impetus and sales were low. The Dax was last at the current level at the beginning of June.
The stock market was boosted by indications that monetary policy in the USA would probably be less tight in the future. In addition, the Ifo business climate brightened more than experts had expected. This index reflects the economic mood in Germany and is therefore considered the most important German economic barometer.
The MDax of medium-sized stocks rose by 1.63 percent to 26,054.93 points on Thursday. Profits were also recorded across Europe.
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.
