FRANKFURT (dpa-AFX) – The DAX soared to a record high on Monday. It closed up 1.57 percent at 19,933.62 points, also its high for the day, and clearly surpassed its previous best from October. There is not much left to reach the much-noticed 20,000-point mark.
Financial market expert Andreas Lipkow commented on the third positive trading day in a row: “Obviously nobody wants to miss out on further price gains in the final sprint of the current trading year.
On Friday, the Dax had recorded gains on both a weekly and monthly basis. Since the beginning of the year, it has gained 19 percent. In 2023, the stock market barometer had risen by a total of 20.3 percent. If it overtakes this figure, it will be the best year since 2019.
By contrast, the MDax of medium-sized Borsen companies ultimately fell by 0.07% to 26,302.94 points on Monday. The Eurozone’s leading index, the EuroStoxx 50, ended the day almost 0.9 per…
