The leading German index had reached several new record highs in the last stock market year.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf The hope for peace in the Ukraine war ensures a friendly start to the week on the German stock market. At noon, the Dax rose by two percent to 13,900 points, an increase of around 270 points. However, the rise above the 14,000 point mark was not sustainable. After the daily high of 14,028 points, investors preferred to take profits.
Already on Friday there was a price jump of more than 400 points due to progress in the talks between Ukrainian and Russian negotiators. Ultimately, however, investors reduced their risk before the weekend and the leading index closed at 13,628 points, an increase of 1.4 percent.
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