FRANKFURT (dpa-AFX) – The German stock market is expected to get off to a quiet start on the first trading day of 2025. Many investors are still on vacation during the shortened trading week and are not expected to return to the market until next week.
Broker IG put the DAX at 19,917 points on Thursday, a good two hours before the Xetra opening, with little change in percentage terms. The year 2024 was once again very successful for Dax investors with a gain of around 19 percent.
Negative signals came from China at the start of the year. The new stock market year began with a disappointment there, wrote market observer Thomas Altmann from asset manager QC Partners in view of gloomy economic data. China’s economy has not yet overcome the numerous problems./ajx/mis
