Under the influence of the quarterly balance sheets of large technology companies, the Dax moved forward in the middle of the week. The leading German index climbed by 1.04 percent to 16,799.74 points in the first minutes of trading. The MDax with medium-sized company stocks rose by 1.11 percent to 26,126.92 points. The Eurozone leading index EuroStoxx 50 even rose by 1.35 percent.
Under the influence of the quarterly balance sheets of large technology companies, the Dax moved forward in the middle of the week. The leading German index climbed by 1.04 percent to 16,799.74 points in the first minutes of trading. The MDax with medium-sized company stocks rose by 1.11 percent to 26,126.92 points. The Eurozone leading index EuroStoxx 50 even rose by 1.35 percent.
The reporting season with good news, especially from the tech industry, is seen as driving the good mood. On the one hand, these came from the USA, where the streaming company Netflix was able to impress with its quarterly figures the evening before. In Germany, SAP, among others, scored points.
Source: Stern