The German stock market remained on course for recovery on Tuesday. The leading index Dax continued its positive start to the week and rose by 0.64 percent to 15,223.97 points in the morning. Recently, the collapse of California’s Silicon Valley Bank and New York’s Signature Bank as well as the emergency rescue of Credit Suisse caused severe turbulence in the banking sector and thus also affected the overall market.
The German stock market remained on course for recovery on Tuesday. The leading index Dax continued its positive start to the week and rose by 0.64 percent to 15,223.97 points in the morning. Recently, the collapse of California’s Silicon Valley Bank and New York’s Signature Bank as well as the emergency rescue of Credit Suisse caused severe turbulence in the banking sector and thus also affected the overall market.
The MDax of medium-sized stocks gained 0.57 percent to 26,867.35 points. The Eurozone leading index EuroStoxx 50 went up 0.68 percent.
Source: Stern
