Stock exchange in Frankfurt: Dax builds on the previous day's recovery

After a strong start to the week, the recovery on the German stock market continued at a slightly slower pace on Tuesday.

Stock exchange in Frankfurt: Dax builds on the previous day's recovery

After a strong start to the week, the recovery on the German stock market continued at a slightly slower pace on Tuesday. Support comes from the Bank of England, which is reportedly planning to postpone the sale of government bonds. The central bank on the island wanted to let the government bond market calm down instead of additionally burdening it with sales, it said.

In the first few minutes of trading, the Dax rose by 1.1 percent to 12,782 points. The stock market barometer rose to its highest level in around four weeks. The MDax of medium-sized German companies gained 1.6 percent on Tuesday morning to 23,339 points. The leading eurozone index, the EuroStoxx 50, rose by 0.9 percent.

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