Frankfurt Stock Exchange
Dax rises by almost two percent by the end of trading
The Dax is the most important stock index in Germany. Photo: Fredrik von Erichsen/dpa
© dpa-infocom GmbH
Thanks to some easing fears of a recession, the German stock market on Thursday accelerated its recovery from the previous day. The Dax rose by 1.97 percent to 12,843.22 points. On Wednesday, the leading index rose by around 1.6 percent after falling to its lowest level since November 2020 on Tuesday. The MDax for medium-sized stocks even increased by 3.53 percent to 25,861.25 points on Thursday.
Thanks to some easing fears of a recession, the German stock market on Thursday accelerated its recovery from the previous day. The Dax rose by 1.97 percent to 12,843.22 points. On Wednesday, the leading index rose by around 1.6 percent after falling to its lowest level since November 2020 on Tuesday. The MDax for medium-sized stocks even increased by 3.53 percent to 25,861.25 points on Thursday.