FRANKFURT (dpa-AFX) – The DAX remained close to its record high set just a few days ago on Friday. Despite mixed international signals, the German benchmark index again approached the 23,911 points it had set at the beginning of the week after the trade deal between China and the US.
In early trading, the DAX gained 0.55 percent to 23,826 points, while the MDAX also rose 0.55 percent to 29,992 points. The Eurozone’s leading index, the EuroStoxx 50, rose by 0.30 percent to 5,428 points.
The DAX increased its weekly gain on Friday to 1.4 percent. It is thus heading for its fifth consecutive week of positive trading. Its year-to-date gain, which was briefly offset in April, has risen again to almost 20 percent during this period. /tih/stk
