Frankfurt Stock Exchange
Dax with moderate increase
The Dax is the most important stock index in Germany. Photo: Fredrik von Erichsen/dpa
© dpa-infocom GmbH
Prices on the German stock market rose moderately at the start of the week. The leading index Dax was listed around noon on Monday with a plus of 0.42 percent at 15,950 points.
Prices on the German stock market rose moderately at the start of the week. The leading index Dax was listed around noon on Monday with a plus of 0.42 percent at 15,950 points.
In the USA, the stock exchanges were closed for a holiday. Concerns about inflation and interest rates as well as company reports will determine further developments on the stock markets this week.
The MDax of medium-sized stocks advanced by 0.47 percent to 34,682 points. The leading eurozone index, the EuroStoxx 50, gained half a percent.
The papers of the wafer producer Siltronic slipped by almost seven percent due to concerns that the takeover by the Taiwanese chip supplier Globalwafers would fail. For Wacker Chemie, which has a stake in Siltronic, the minus was limited at around 0.9 percent.
After the Mainz success story Biontech, another high flyer from Mainz is currently being discovered on the stock exchange: Mainz Biomed. The shares of the cancer screening specialist, which has been listed on the US technology exchange Nasdaq since the beginning of November, continued their price rally with a record on Monday. On the Tradegate trading platform, they gained almost 38 percent at 25 euros.