Dax aktuell: Dax öffnet im Plus – knapp unterhalb seines Rekords
Der Dax kann an seine kürzliche Rekordrally anschließen und festigt sich über der Marke von 26.000 Punkten. Konjunkturzahlen könnten einen positiven Ausblick liefern.
The DAX index maintained its upward momentum on the final trading day of the week, closing 0.6% higher at 26,459 points. It had previously remained unchanged on Thursday after hitting a new record high of 26,573.50 points on Wednesday. The German benchmark index is increasingly distancing itself from geopolitical events in the Middle East, which dominated the first half of the year.
Strong quarterly earnings and economic outlooks have been driving growth in the German stock market. Andreas Lipkow, chief market analyst at CMC Markets, attributes this to the "fabled Goldilocks scenario," where the economy grows steadily, inflation stays low, and interest rates are low. However, Kyle Rodda, senior financial market analyst at capital.com, warns that geopolitical risks remain a concern, with the conflict in Iran posing a significant obstacle to a market benefiting from strong earnings season and monetary policy outlook.
Rodda notes that the situation in the Middle East is far from resolved, with negotiations at an impasse. While the absence of headlines has had a positive impact on markets, negative news could quickly reverse the trend. Brent oil for delivery in October remains at $87.84 per barrel, while US WTI crude is trading at $82.24. The calm Friday is expected to be dominated by several European economic data releases and quarterly results from mid-sized companies.
Talanx, a insurer, reported a 9% increase in net profit for the first half of the year and raised its prognosis. The stock rose by 4.3%.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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