FRANKFURT (dpa-AFX) – In the hope of a historic financial package in Germany, the Dax took another step towards a record on Tuesday morning. In early trading, the leading index rose by 0.51 percent to 23,273.45 points. The Dax thus extended its annual gain to almost 17 percent. It also set course for its all-time high of just under 23,476 points. The Dax reached this level on March 6 thanks to the prospect of debt-financed investments in the billions.
Investors remain optimistic that the package will clear the first hurdle on Tuesday and then also receive the necessary majority in the Bundesrat. Against this backdrop, the MDax of medium-sized companies rose by 0.43% to 29,640.49 points. The EuroStoxx 50, the leading eurozone index, rose by half a percent.
Tuesday is the first big day of decision-making, as the Bundestag’s special session on easing the debt brake for defense spending and the special pot for…
