Dax currently: Dax is trading in the plus – just below the 26,000-point mark
Calm is returning to the German stock market after the turbulence of last week. Italian bank Unicredit has also presented a timetable for the takeover of Commerzbank.
The German stock market is struggling to find a new direction at the start of the week. The Dax index is slightly up 0.5% at 25,952 points, just below the 26,000 mark. The index had reached a record high of 26,692.90 points last week, driven by euphoria after the US midterm elections, but quickly lost its gains. Analyst Andreas Lipkow of CMC Markets says investors are cautiously approaching the new situation, with many now seeing recent price drops as attractive buying opportunities.
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.
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