Stock exchange in Frankfurt: Dax continues to grow

Hopes that inflation would continue to fall continued to drive the Dax midweek.

Stock exchange in Frankfurt: Dax continues to grow

Hopes that inflation would continue to fall continued to drive the Dax midweek. Around noon, the leading German index rose by 1.33 percent to 14,370.13 points. This marks his third day of winnings in a row. The MDax for medium-sized German companies rose by 1.21 percent to 26,230.34 points on Wednesday. The Eurozone leading index EuroStoxx 50 gained 1.66 percent to 3946.63 points.

The stock exchanges are getting a tailwind from falling interest rates on the capital markets. There have recently been certain signs of relaxation in view of the high inflation. After German consumer price data for December showed a further slowdown in inflation from a high level on Tuesday, French consumer prices and German import prices published on Wednesday pointed in the same direction.

In addition, purchasing manager indices from the euro zone turned out better than expected in December. Only French consumer confidence disappointed stock market observers.

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