After the recent upswing, the German stock market got off to a slow start in the second half of the year. Around noon, the Dax was 0.06 percent higher at 16,157.59 points. On Friday, the leading index rose by around 1.3 percent and closed the past week and June with gains of two and a good three percent, respectively.
After the recent upswing, the German stock market got off to a slow start in the second half of the year. Around noon, the Dax was 0.06 percent higher at 16,157.59 points. On Friday, the leading index rose by around 1.3 percent and closed the past week and June with gains of two and a good three percent, respectively.
Some support came from better-than-expected Chinese economic data on Monday. However, the local stock exchange will probably have to do without stronger impulses from the stock exchange on New York’s Wall Street. With Independence Day on Tuesday, US sales are likely to remain low at the start of the week as many market participants find themselves locked into a long weekend.
In the first half of the year, the German stock market barometer climbed 16 percent. The MDax of medium-sized companies fell by 0.02 percent to 27,605.57 points on Monday. The Eurozone leading index EuroStoxx 50 was around 0.3 percent higher.
Source: Stern