Even after a seven-week winning streak, the Dax is in good shape at the start of the shortened trading week. In early trading, the German leading index continued at record highs. Most recently it recorded an increase of 0.16 percent to 18,234.17 points. He increased this year’s growth to almost nine percent. Expectations of interest rate cuts despite a robust economy in the USA are once again the driving force.
Even after a seven-week winning streak, the Dax is in good shape at the start of the shortened trading week. In early trading, the German leading index continued at record highs. Most recently it recorded an increase of 0.16 percent to 18,234.17 points. He increased this year’s growth to almost nine percent. Expectations of interest rate cuts despite the robust economy in the USA are once again the driving force.
The MDax of medium-sized companies fell by 0.15 percent to 26,583.94 points in the morning. The Eurozone leading index EuroStoxx 50 rose by 0.1 percent. In the week before Easter, trading only takes place until Maundy Thursday. The stock exchanges remain closed on Good Friday.
At the start of the week there were business figures from the laboratory service provider Synlab, whose operating margin a dealer described as disappointing. The outlook for 2024 is also somewhat below expectations. Most recently, the stocks fell by one percent.
LEG Immobilien’s shares benefited from analyst estimates with an increase of 1.2 percent. Barclays Bank upgraded the shares twice. Goldman Sachs removed its sell recommendation. The shares of the railway technology group Vossloh were also up by almost four percent – Deutsche Bank recommends buying them.
Source: Stern
