Dax: Frankfurt Stock Exchange opens with profits

The Dax has followed Wall Street and has stabilized.

Dax: Frankfurt Stock Exchange opens with profits

The Dax has followed Wall Street and has stabilized. The leading German index rose by 0.39 percent to 13,079.29 points.

Shocked by the stubborn US inflation, the stock market barometer fell by up to 4.5 percent in two days from its recovery high of 13,564 points. The MDax for medium-sized stocks increased slightly to 24,814.90 points. The leading eurozone index, the EuroStoxx 50, rose by 0.3 percent.

On Wall Street, the Dow Jones recovered on Wednesday after a low since mid-July and turned positive. Technology stocks on the Nasdaq stock exchange recovered particularly significantly.

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