Frankfurt The German stock market got off to a friendly start on Friday. Supported by good economic data from China and the reverberations of the positively received ECB interest rate increase from the previous day, the DAX gained 0.9 percent to around 15,950 points at the start of trading. This means that the visually important mark of 16,000 points is again within reach, a level that the German leading index last exceeded on August 31st.
At the beginning, Siemens Healthineers, Sartorius and Adidas recorded the highest profits below the standard values, each with a markup of around two percent. Not a single DAX stock starts in the red.
The starting conditions for a positive course of the day were good. After Thursday’s gains on Wall Street, a friendly mood also prevailed on the Asian markets. Asian indices rose by around one percent, laying a good basis for trading to begin in Europe.
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