FRANKFURT (dpa-AFX) – Hopes of an improving economy and positively received corporate figures have given the German stock market a strong midweek gain. The Dax closed with a gain of 1.71 percent at 22,794.11 points and again approached the record high of 22,935 points reached in the previous week. The MDax of medium-sized companies rose to its highest level since summer 2023 on Wednesday, ending 1.90 percent higher at 28,621.29 points.
“The optimism of investors in Frankfurt seems to know no bounds these days. It can’t get any worse for the German economy, so things can only get better with a black-red government – that’s the current argument for buying German shares,” wrote capital market expert Jürgen Molnar from broker Robomarkets.
The European stock markets – above all the DAX – are currently playing in a league of their own and are increasingly detaching themselves from Wall Street, commented the investment…
