Frankfurt Stock Exchange
Dax rises for the third day in a row
The Dax is the most important stock index in Germany. Photo: Fredrik von Erichsen/dpa
© dpa-infocom GmbH
After two good trading days, prices on the German stock market rose again on Wednesday. However, late morning gains were limited.
After two good trading days, prices on the German stock market rose again on Wednesday. However, late morning gains were limited.
The leading index advanced by around half a percent to 15,700 points. On Monday and Tuesday, the Dax had already increased by a total of almost two percent.
Landesbank Helaba justified the price gains with somewhat easing concerns about a rapid tightening of monetary policy in the USA. The yield on ten-year US bonds has not increased recently, but stagnated at around 1.8 percent. The sharp rise in capital market interest rates had previously choked off the stock market rally.
The MDax of medium-sized titles rose by 1.6 percent to 34,277 points in the middle of the week, significantly more than the Dax. The EuroStoxx 50, the leading index for the eurozone, gained a good half a percent.