FRANKFURT (dpa-AFX) – After a mixed start to the week, things are looking much better for the Dax on Wednesday. A few minutes after the opening, the leading German index rose by 0.85 percent to 22,602 points. The record high reached in the previous week stands at 22,935 points. The Dax was boosted in the middle of the week by positively received business figures from companies such as Fresenius, Eon and Munich Re.
The MDax of medium-sized companies also rose again, climbing 1.01% to 28,371 points. The Eurozone’s leading barometer, the EuroStoxx 50, was 0.7 percent higher.
The stock market in Hong Kong provided strong impetus on Wednesday, with the Hang Seng rising significantly and technology stocks in demand. However, the US indices had continued to weaken in some cases the previous evening.
The correlations, according to which everything rises or falls in the wake of Wall Street, have broken down, wrote Jochen…
