FRANKFURT (dpa-AFX) – Investors took profits on Thursday after the DAX’s sharp rise. However, with a temporary drop to 23,843 points, the German benchmark index only temporarily fell below the 24,000-point mark, which it had exceeded for the first time on Tuesday.
After the start of trading on the New York stock exchanges, the DAX was able to significantly reduce its losses and return to the thousand mark. The German benchmark index crossed the finish line 0.51 percent lower at 23,999.17 points. In the second tier of the German stock market, the MDAX fell by 1.28 percent to 30,053.54 points.
Thanks to its recovery during the course of the day, the DAX is maintaining its year-to-date gain of well over 20 percent. In 2024, the index had gained just under 19 percent. The leading index thus outperformed the most important indices in Europe and the US. The EuroStoxx is currently up less than 11 percent, while the US…
