The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf On the German stock market, investors can breathe a sigh of relief after the results of the Bundestag election. But the joy of the ballot diminishes in the course of trading. The Dax closes in the evening only 0.3 percent in the plus and is traded at 15,573 points. In the first few minutes of trading, the stock market barometer was still at 15,704 points. On Friday, the leading index had lost 0.7 percent and ended the trading week at 15,531 points.
Reason for the initial relief: There will be no left alliance with the SPD, the Greens and the Left, which was the big nightmare for the stock exchange. Such an alliance would have meant significantly higher taxes and more regulation. Topics that never go down well on the stock exchanges.
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