The German stock market began to stabilize on Monday morning after the recent significant declines. The Dax rose by 0.19 percent to 14,825.89 points in the first minutes of trading after sliding to a seven-month low the previous week and losing more than two and a half percent. The MDax of medium-sized companies gained 0.08 percent to 24,084.34 points at the start of the week. The Eurozone leading index EuroStoxx 50 rose by around 0.3 percent.
The German stock market began to stabilize on Monday morning after the recent significant declines. The Dax rose by 0.19 percent to 14,825.89 points in the first minutes of trading after sliding to a seven-month low the previous week and losing more than two and a half percent. The MDax of medium-sized companies gained 0.08 percent to 24,084.34 points at the start of the week. The Eurozone leading index EuroStoxx 50 rose by around 0.3 percent.
However, investor behavior remains cautious, not least because of fears about a further escalation in the conflict between Israel and the Islamist Palestinian organization Hamas. In addition, the persistently high yields on the US bond market are curbing the desire to buy.
Source: Stern
