FRANKFURT (dpa-AFX) – Driven by price gains overseas and a rally in defense stocks, the German stock market got off to a friendly start in March. In early trading, the Dax rose 0.88 percent to 22,749.45 points. This means that its most recent record high of 22,935 points is slowly coming into view. The MDax of medium-sized companies rose by 1.17 percent to 28,628.40 points.
The EuroStoxx 50 gained 0.34 percent. The indices on Wall Street had already recovered strongly on Friday evening. The stock markets in Asia also picked up on this positive trend in the morning.
Positive economic data came from China at the start of the week: Sentiment in large and state-dominated Chinese industrial companies had brightened surprisingly in February despite the trade disputes with the US. “Investors are looking forward to further potential economic stimuli, which could have a particular impact on the real estate sector and domestic…
