The German stock market expanded its recent gains on Friday. The leading index Dax benefited from the continued favorable monetary environment and rose by 0.55 percent to 15,600.37 points.
The German stock market expanded its recent gains on Friday. The leading index Dax benefited from the continued favorable monetary environment and rose by 0.55 percent to 15,600.37 points.
The stock market barometer is thus heading for a moderate weekly plus despite the price slide on Monday.
The MDax gained 0.57 percent on Friday to 35,043.41 points. The leading Eurozone index EuroStoxx 50 rose by 0.4 percent.
On Thursday, the European Central Bank reaffirmed its expansionary course with interest rates at a record low and billions in bond purchases. The particularly flexible emergency purchase program for government bonds and corporate securities launched at the beginning of the corona pandemic will be continued until at least the end of March 2022. The concerns of investors with a view to the rapid spread of the delta variant of the coronavirus moved a little further into the background.
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
