FRANKFURT (dpa-AFX) – On Thursday, one of the hottest days of the reporting season, the DAX is approaching its record high of 23,476 points again. Quarterly figures and tariff hopes are driving the market. The German benchmark index rose by 0.80 percent to 23,300 points in the first few minutes after the start. The MDax index of medium-sized companies rose by 0.44 percent to 29,299 points. The EuroStoxx 50, the leading index for the eurozone, gained 0.8 percent.
In the reporting season, six companies from the DAX alone are set to release their quarterly figures on Thursday: Heidelberg Materials, Siemens Energy, Henkel, Infineon, Rheinmetall, and Qiagen. In addition, investors will have to process a wealth of figures from companies in the MDAX and SDAX. In early trading, Siemens Energy, Heidelberg Materials, and Qiagen were among the top performers on the DAX, each with significant gains.
Investors are also hoping for…
