FRANKFURT (dpa-AFX) – The DAX continued its record chase on Friday. However, it was not quite enough to reach the 21,500-point mark that had been in sight earlier. In early trading, the leading German index gained 0.32 percent to 21,479 points. While the MDax rose by 0.75 percent to 26,145 points, the Eurozone index EuroStoxx 50 gained 0.6 percent. It benefited from the rise in heavyweight luxury goods and financial stocks.
The Dax gain in the still young year 2025 has already swelled to almost eight percent as a result of the further rise. This week alone, the DAX has already contributed a gain of almost three percent. The ongoing recovery rally on Wall Street, which had already helped the broad market S&P 500 to new record highs the previous evening, provided a further boost at the end of the week.
The start of the Trump presidency has been driving share prices for days. His recent call for lower oil prices and…
