FRANKFURT (dpa-AFX) – Investors on the German stock market also took a cautious approach on Maundy Thursday. Tariff negotiations between Japan and the US provided some encouragement, according to market reports. The picture was different the day before on the loss-making US stock markets. Statements by US Federal Reserve Chairman Jerome Powell on inflation dampened the mood.
The DAX rose by 0.2 percent to 21,360 points in the first minutes of trading. This indicates a hefty gain of just under five percent for the leading index in the shortened trading week. The MDax index of medium-sized companies fell by 0.3 percent to 27,132 points on Thursday morning. The EuroStoxx 50, the leading index for the eurozone, fell by 0.2 percent to 4,954 points.
On Wednesday, the DAX had surpassed the previous week’s high thanks to a final spurt to over 21,300 points and must now try to maintain this lead. However, ahead of the long…
