Dusseldorf The German stock market got off to a good start in the new trading week. The Dax closed 1.1 percent higher on Monday evening at 15,128 points.
The stock market barometer also has the recovering bank shares to thank for this: After a minus of 8.6 percent on Friday, Deutsche Bank shares are up 6.3 percent.
“Deutsche Bank is not the next Credit Suisse,” said the experts at the analysis firm Kepler Cheuvreux, with a view to the emergency rescue of the Swiss that suddenly became surprisingly necessary. The most pressing concern at the moment is the commitment to financing US commercial real estate. But it was made very transparent and easy to handle.
Commerzbank meanwhile confirms its profit target: The money house wants to achieve an operating result of 3.2 billion euros in 2024. This emerges from the annual report published on Monday. Commerzbank shares gain 3.6 percent.
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