The benchmark DAX of the German stock market reached a new record high on Thursday morning, influenced by escalating geopolitical tensions stemming from the U.S. seizure of two oil tankers. One of the tankers bore the Russian flag. However, after rising to 25,222.92, the index subsequently pared gains and slipped into negative territory. The index Read More
The DAX benchmark, which monitors the performance of the 40 largest companies on the Frankfurt Stock Exchange, is presently exhibiting stability despite a prevailing mixed sentiment across broader Europe. Anxiety persisted in anticipation of significant data releases from the U.S. The index is presently positioned 0.20 percent above its prior close, standing at 24,344.12 compared Read More
DAX experienced an uptick on Friday, buoyed by factory orders data that surpassed expectations, thereby enhancing market sentiment. The anticipation of a potential interest rate reduction by the Federal Reserve in the upcoming week also played a role in driving the market higher. The benchmark DAX increased by 136.15 points, reflecting a rise of 0.57%, Read More
DAX reached a four-week high on Wednesday as investors persisted in acquiring stocks, buoyed by optimism regarding a potential resolution to the US government shutdown and anticipations of an interest rate reduction by the Federal Reserve in December. Market participants responded to the recent wave of earnings reports, alongside data indicating a less than anticipated Read More
