The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The German stock market continues to improve. The Dax closes 0.9 percent higher in the evening to 15,643 points. After the share price slide of 2.3 percent on Monday, two trading days followed this week with clear plus signs, on Wednesday the leading index rose by one percent. The final score was 15,506 points.
Apparently, the statement by the US Federal Reserve is well received on the stock exchange. The Fed is holding out the prospect of tightening its monetary policy and is presenting a moderate rate of tightening.
With today’s price increase, the Dax is back at the lower end of its former trading range. From the end of July to mid-September, the Dax listed between 16,000 points on the top and 15,500 points on the bottom.
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