The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf On Monday, the Dax broke the 15,800 mark for the first time since the beginning of September. As a result, the leading index fluctuated around this level and ultimately closed 0.8 percent higher at 15,806 points. The Euro Stoxx 600, which includes the 600 largest European companies, has now even risen to a record high of 480 points.
“It is impressive how quickly the stock exchanges are shaking off negative news at the moment,” said Thomas Altmann, Portfolio Manager at QC Partners, on the development. “At least part of the good mood from the US floor is now also arriving in Europe. There is still a long way to go to reach the all-time high above the 16,000 point mark. But at least the record is back in sight. “
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