After thin trading on Whit Monday, investors on the German stock market took it easy on Tuesday. The Dax rose minimally to 15,963 points in the morning. The MDax for medium-sized companies gained 0.4 percent to 27,030 points. The EuroStoxx 50 fell by around 0.2 percent.
After thin trading on Whit Monday, investors on the German stock market took it easy on Tuesday. The Dax rose minimally to 15,963 points in the morning. The MDax for medium-sized companies gained 0.4 percent to 27,030 points. The EuroStoxx 50 fell by around 0.2 percent.
Relief at the preliminary agreement in the US debt dispute had initially pushed the Dax up to 16,079 points on Monday. But then there were no follow-up purchases, the leading index closed slightly in the red. Since hardly anyone on the stock exchanges believes that the USA will default, investors could now concentrate again on the classic stock market topics of corporate profits and economic data, said market analyst Thomas Altmann from QC Partners.
Source: Stern
