Stock exchange in Frankfurt - Dax enters stock market year 2024 with gains
The start to the stock market year 2024 in Germany got off to a good start on Tuesday. The leading Dax index, which had risen by a good 20 percent last year and reached a record high, also rose on the first day of trading in 2024. In the morning, the stock market barometer rose by 0.6 percent to 16,852 points. In mid-December, the Dax had reached a high of just over 17,000 points. The MDax of mid-cap stocks rose by 0.4 percent to 27,250 points in early Tuesday trading.
Read also:
- Why there is still no EU funding for green Saar steel
- 3 billion Saar Fund is unconstitutional
- Lack of snow also opens up new opportunities for winter tourism
- Abrupt end to e-car subsidies
The Dax, being a leading index of the Frankfurt Stock Exchange, started the stock market year 2024 with significant gains, having increased by 20% in the previous year. This notable rise propelled the Dax to a record high, surpassing the 17,000 points mark in mid-December. Interested investors also noticed positive gains in the MDax, an exchange that trades mid-cap stocks, which rose by 0.4% on the first day of trading in 2024. All these positive movements indicate a prosperous year for the German stock market, with Frankfurt as its epicenter.
Source: www.stern.de
