Frankfurt shares close: Dax up slightly – nervousness ahead of French election

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FRANKFURT (dpa-AFX) – The Dax lost most of its interim gains of more than one percent on Friday. Ahead of the second round of parliamentary elections in France on Sunday, nervousness spread among investors. The leading German index closed up 0.14 percent at 18,475.45 points. For the week as a whole, this represents a gain of 1.32 percent.

The MDax gained 0.74% to 25,728.13 points on Friday due to a jump in the share price of semiconductor industry equipment manufacturer Aixtron. The mid-cap index had risen by almost 1.4 percent in the course of trading.

In late trading, statements by French politician Marine Le Pen had a negative impact. She had rejected projections that her right-wing nationalist Rassemblement National (RN) would fall well short of an absolute majority. Instead, she warned of chaotic conditions if the RN did not receive a government mandate.

Should the Rassemblement National win an absolute…

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