FRANKFURT (dpa-AFX) – After a strong week last week, the DAX started Monday with little change. Shortly after the Xetra opening, the German leading index was up slightly at 24,366 points. On Friday, there had already been little movement in holiday trading.
The DAX got off to a perfect start in October after a lethargic September. Many hope that this will lay the foundation for a year-end rally.
Positive trading signals from Japan bounced off German blue chips at the start of the week, commented financial market expert Andreas Lipkow. The temporary absence of official US economic data due to the shutdown in the US is causing some unrest. “Investors are currently taking a wait-and-see approach and are therefore acting much more risk-averse.”
The MDax, which tracks medium-sized German companies, rose 0.36 percent to 31,048 points on Monday. The Eurozone’s leading index, the EuroStoxx 50, fell by around 0.2…
