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. The German benchmark index rose 0.7 percent in the first hour of trading, up to 15,804 points. The Stoxx600, which includes the 600 largest European companies, even rose to a record high of 478 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, commenting on the development. “At least part of the good mood from the US floor is now also reaching 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. “
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Further
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Further