Stock exchange in Frankfurt: Dax rises above 14,500 points

The German stock market continued its upward trend on Thursday.

Stock exchange in Frankfurt: Dax rises above 14,500 points

The German stock market continued its upward trend on Thursday. The leading index Dax went from trading with a premium of 0.78 percent to 14,539.56 points. Because the US stock exchanges were closed, there was little impetus and sales were low. The Dax was last at the current level at the beginning of June.

Indications of a less tight monetary policy in the USA in the future drove the stock market. In addition, the Ifo business climate brightened more than experts had expected. This index reflects the economic mood in Germany and is therefore considered the most important German economic barometer.

The MDax of medium-sized stocks rose by 1.63 percent to 26,054.93 points on Thursday. Profits were also recorded across Europe.

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