Stock market rally
Dax jumps for the first time mark of 23,000 points
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The rally on the German stock market leads the DAX to new heights. Investors blend and above all see opportunities. Drivers are armor shares.
The DAX has climbed over 23,000 points for the first time. He expanded his annual plus to almost 16 percent. Most recently, the German leading index was 2.69 percent in plus 23,158,47 points.
It is led by the armaments highflyer Rheinmetall, whose stocks with double-digit growth in the meantime cost almost 1,200 euros. The prospect of a special fund for the Bundeswehr and increasing defense spending by European NATO countries gives you vigorously.
Car values were also required. In view of the impending CO2 penalties, EU Commission President Ursula from Leyen wants to admit more time to meet EU requirements. She will propose a targeted change in the CO2 standards this month, she said in Brussels.
Hope for a new special fund for armaments in Germany as well as rising defense spending across Europe have further catapulted the shares in the industry upwards.
It was triggered by the scandal between Ukrainian President Wolodymyr Selenskyj and US President Donald Trump on Friday. Instead of a raw material agreement with the USA, which Trump sees, among other things, in return for previous US military aids, and a peace agreement with Russia, for which Selenskyj security guarantees demanded, the situation escalated. The conversations were canceled.
Regardless of Donald Trump’s economic crisis and customs threats, who recently targeted auto imports to the USA, the shares go up. News from Brussels drove the courses here. In view of the impending CO2 penalties, EU Commission President Ursula from Leyen wants to admit more time to meet EU requirements. She will propose a targeted change in the CO2 standards this month, she said in Brussels.
Needing needs for European shares
Shares in Europe have developed significantly better since the beginning of the year than in the USA – thanks to strong company numbers, the further stock -friendly interest rate policy of the European Central Bank (ECB) and the low ratings compared to US shares.
The stock exchange is also powered by the expectation to falling interest rates in the euro zone, with which the ECB wants to boost the weak economy. Inflation worries have recently decreased, many economists expect several interest reductions of the ECB to summer.
For stock investors, prospects for lower interest rates are good news. Shares then become more attractive to fixed interest papers. Loans are getting cheaper, so companies can finance themselves more easily and house builders are cheaper to loan. Overall, investments are becoming more affordable, which supports the economy.
Börsenrally despite the economic crisis
The rally on the stock exchanges is in a strong contrast to the economic crisis in Germany. However, the views of the investors often do not necessarily focus on the current situation, but on future profits. In addition, 40 corporations guided in the DAX are established internationally.
dpa
Source: Stern