Current Dax: Dax starts in the plus – VW shares rise
The German leading index continues to recover. On Monday, investors are particularly looking at the automotive industry. The focus is also on the start of the annual meeting of the IMF and the World Bank.
The German stock market started higher on Monday, with the leading index opening at 25,210 points, up 0.4%. This comes after a 1.1% increase on Friday to 25,087 points, following a dip below 25,000 points on Thursday. The market is focused on several issues, including the war in the Middle East, high energy costs, and rising interest rates.
The Paris Motor Show is set to start, featuring a record number of Chinese brands, including BYD and Chery, and Volkswagen will release its third-quarter sales figures, which show a 14.3% decline to 1.89 million vehicles sold.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
