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Stock exchange in Frankfurt: Dax starts recovery attempt

Stock exchange in Frankfurt: Dax starts recovery attempt
Stock exchange in Frankfurt: Dax starts recovery attempt

After its correction back to 18,000 points, the DAX has started an attempt to recover. The German leading index rose by 0.59 percent to 18,108.21 points in the first few minutes of trading. The MDax with the medium-sized stocks gained 0.16 percent to 25,760.55 points. The EuroStoxx 50, the leading index for the Eurozone, advanced by 0.80 percent to 4,879.26 points.

Bargain hunters, who are back on the move after the weekly loss of three percent, are feeling particularly encouraged by the price gains in US technology stocks. In the United States, the technology-heavy US index Nasdaq 100 managed to continue its record rally on Friday.

With regard to important economic figures, sentiment data from the US industry are on the agenda during the course of the day. In Germany, however, things will be particularly exciting on Tuesday when the ZEW economic expectations are published.

Source: Stern

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