Frankfurt Stock Exchange opening: DAX remains largely unchanged – positive October balance sheet

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FRANKFURT (dpa-AFX) – The DAX is also lethargic on Friday. After a busy schedule the day before, the agenda ahead of the weekend is fairly light. The German benchmark index fell 0.13 percent to 24,088 points in early trading. On a weekly basis, it is currently slightly weaker and consolidating after falling from a record high of 24,771 points to 23,684 points at times in October. The month is currently on track to close with a gain of 0.9 percent.

The MDax for medium-sized stock exchange companies rose by 0.08 percent to 29,909 points on Friday. The Eurozone’s leading index, the EuroStoxx 50, fell by 0.1 percent.

In the US, the stock market had paid some tribute to its record rally the day before, but Apple and Amazon significantly exceeded market expectations with their quarterly figures. “The profits of the US big tech companies are bubbling,” wrote Thomas Altmann of asset manager QC Partners. However, these profits…

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