Frankfurt The Dax ended the trading day up 0.5 percent at 15,603 points. The leading index is supported by the chemical stocks BASF and Covestro, which gained more than four and more than two percent respectively. Beiersdorf and Heidelberg Materials posted losses of between one and a half and three percent.
It was also reported on Friday morning that German manufacturing output fell 0.2 percent in May from April. This strengthens the impression of a weaker economy.
In Germany, the previous day’s shock with the more stable Friday trend seems to have been digested for the time being. The reason was US labor market data, which was received less disappointed by investors. On Thursday, the Dax fell 2.6 percent because numbers from the US labor market were also surprisingly strong.
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