On Whit Monday, the Dax rose to a high since the end of March in thin holiday trading. With a tailwind from the solid Asian stock exchanges, the leading German index rose by 0.79 percent to 14,575.03 points after a quarter of an hour.
On Whit Monday, the Dax rose to a high since the end of March in thin holiday trading. With a tailwind from the solid Asian stock exchanges, the leading German index rose by 0.79 percent to 14,575.03 points after a quarter of an hour.
The MDax recently increased by 0.45 percent to 30,359.83 points. The EuroStoxx even gained almost one percent to 3819.39 points.
The main driver was the easing of corona restrictions in the Chinese metropolis of Beijing. Also mentioned were improved economic data from China and the prospect that the US could waive import tariffs on Chinese goods to combat high inflation. These issues have already caused prices to rise in the Far East, even if the signs on Wall Street were negative again on Friday evening due to concerns about rising interest rates. In addition, traders referred to speculation that the US government could allow Iran to export more oil.
