Frankfurt stock market close: DAX with third record day in a row

Date:

FRANKFURT (dpa-AFX) – After a difficult start, the DAX managed to continue its record run on Wednesday. Although the momentum that emerged in the afternoon was not particularly strong, it was enough to push the index above the 24,100-point mark. In the end, the German benchmark index posted a gain of 0.36 percent to 24,122.40 points. It had previously risen to 24,152 points. In the second tier, the MDAX fell by 0.35 percent to 30,442.89 points.

For much of Wednesday, the DAX had initially been trading in negative territory, but with the start of trading on the US stock markets, German share prices picked up again somewhat – even though the leading New York index, the Dow Jones Industrial, was down. Experts have long pointed to capital flows toward Europe due to uncertainty surrounding Donald Trump’s policies.

The DAX recorded its third consecutive day of record highs. Just the day before, it had surpassed its next…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...