Dax currently: Leading index remains above the 26,000-point mark - and hits a record high in the meantime
The DAX was recently buoyed by its heavyweights. Therefore, on Tuesday, fresh figures are likely to be of particular interest to investors. However, one uncertainty remains.
Düsseldorf. The German stock market remains in a record mood. On Tuesday, investors are building on the optimism from the start of the week. The Dax starts trading with consecutive records. In the morning, the Dax is at 26,140 points and thus 0.5 percent above the closing price of the previous day. Previously, the leading index had marked a record at 26,266 points.
On Monday, the Dax rose for the first time in its history above the 26,000-point mark. At the end of trading, it was at 26,001 points, a gain of 1.5 percent. The leading index was recently driven by its heavyweights. With Telekom, SAP, and Rheinmetall, individual stocks with very high market capitalization were among the biggest winners.
According to data from LSEG, almost 65 million shares were traded on Monday, the highest number since early July. "This shows that the new Dax highs have a lot to do with the expectation of better international business and little to do with the hope of an improvement in the economic situation in Germany itself," says Jochen Stanzl, chief market analyst at Consorbank.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
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