Stock exchange in Frankfurt: Dax is picking up speed

Investors on the German stock market gave up their recent reluctance to some extent thanks to the good indications from overseas stock exchanges on Thursday.

Stock exchange in Frankfurt: Dax is picking up speed

Investors on the German stock market gave up their recent reluctance to some extent thanks to the good indications from overseas stock exchanges on Thursday. The Dax rose by 0.43 percent to 15,146.74 points in the first few minutes of trading. The MDax for medium-sized companies rose by 0.86 percent to 28,675.33 points. The EuroStoxx 50, the leading index in the euro zone, gained around 0.7 percent.

The companies' reporting season provided light and shade with figures from Sartorius and SAP. Clearly positive signals came from the USA: With a strong end of trading, the Dow Jones Industrial had made it slightly into the black the previous evening. The technology stocks on the Nasdaq at least largely made up for significant losses. The Tesla papers climbed by almost 6 percent after the business hours according to the electric car manufacturer. In Hong Kong there were significant price gains in the morning, but the stock exchange there caught up with the good development of other stock exchanges on its first trading day of the current week.

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