Frankfurt stock market opening: DAX continues to rise towards record high

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FRANKFURT (dpa-AFX) – The DAX continued its upward trend on Wednesday and remains on course for a record high. Investors are still ignoring the ongoing stalemate in the tariff dispute with the US.

In the first minutes of trading, the German benchmark index rose by 0.40 percent to 24,302.83 points. This means that it is not far off the record high of 24,479 points reached at the beginning of June. The SDax index of small-cap stocks had already reached a record high on Tuesday and continued its record run on Wednesday. The MDax index of medium-sized stocks rose by 0.30 percent to 31,149.88 points on Wednesday morning, which also means it is not far off a record high. The Eurozone’s leading index, the EuroStoxx 50, gained 0.3 percent.

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