FRANKFURT (dpa-AFX) – The Dax continued its recent recovery on Monday. After a friendly start and temporary losses, the leading German index closed 0.35 percent higher at 19,531.62 points. The MDax of mid-caps ultimately gained 0.28 percent to 27,336.97 points.
Analyst Konstantin Oldenburger from the broker CMC Markets wrote that the sharp fall in the oil price showed that investors were pricing out geopolitical risks following the Israeli retaliatory strike against Iran. However, ahead of the quarterly reports of several US technology giants, the monthly US labor market report and the elections in the United States on November 5, the Dax had been treading water. Financial market expert Andreas Lipkow spoke of an expectedly dull trading day.
Internationally, too, moderate price gains dominated the stock market. The leading eurozone index EuroStoxx 50 rose by 0.5 percent. The indices in Zurich and London rose to a…
