Frankfurt Stock Exchange opening: DAX starts stable after previous day’s recovery

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FRANKFURT (dpa-AFX) – After the price rally the day before, investors on the German stock market took it easy on Friday. Price data from Germany had little impact on prices. Producer prices fell slightly more than expected in August.

The DAX rose by 0.1 percent to 23,685 points in the first few minutes of trading. This suggests that the leading index will end the week almost unchanged. The MDAX index of medium-sized companies was virtually unchanged on Friday morning at 30,471 points. The EuroStoxx 50, the leading index for the eurozone, rose by 0.1 percent.

During the course of the day, the markets could see some movement again due to expiries on the futures exchanges. “The September expiry is one of the four major expiry dates of the year,” emphasized market observer Thomas Altmann from asset manager QC Partners. On these days, stock prices and indices can fluctuate noticeably without any significant news, while…

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