The Dax lost its moderate gains over the course of the day on Thursday. The leading German index lost 0.18 percent to 16,711.58 points in the afternoon. The leading index reached its record high in mid-December at just over 17,000 points.
The Dax lost its moderate gains over the course of the day on Thursday. The leading German index lost 0.18 percent to 16,711.58 points in the afternoon. The leading index reached its record high in mid-December at just over 17,000 points.
The MDax of medium-sized companies recently fell by 0.54 percent to 27,011.37 points. With a profit of around 20 percent so far for the Dax, 7.5 percent for the MDax and 16.5 percent for the SDax, the year 2023 has been a good one for stock market investors in this country.
The US stock markets continue to set the pace, with hopes of interest rate cuts in the new year. After the Dow Jones and Nasdaq 100 had soared to further records the day before, there were signs of an inconsistent start to trading across the Atlantic in the afternoon. Slight losses are expected for the Wall Street Index, and the Nasdaq 100 is heading for its next record high.
The euro was trading at $1.1111 in the afternoon. The European Central Bank last set the reference rate at $1.1065 on Wednesday.
On the bond market, the current yield fell from 1.96 percent the day before to 1.95 percent. The Rex bond index rose by 0.27 percent to 129.06 points. The Bund future fell by 0.30 percent to 138.37 points.
Source: Stern
