The Dax is continuing its recovery from last week: The benchmark index rose to the highest closing price since one and a half months. He rose to 2.6 percent, and closed in the Plus 11.205 points.
shortly after the start of trading, the Dax exceeded the barrier of 11,000 points. On week view, that means for the German stock market barometer a profit of three percent. Already in the last week, the extension of the trade had brought talks between the United States and China, the Dax upturn.
investors are hoping now to put an end to the trade dispute: such As the Wall Street Journal on Thursday evening reported, urging representatives of the government of U.S. President Donald Trump on a reduction of duties on Chinese Goods, in order to calm the financial markets. The U.S. Treasury Department had denied this fast. Investors the rumor from rich, however, currently, to buy shares, said Thomas Altmann from the asset Manager, QC partner.
The papers in the SDax for small companies that are traded cooking boxes-shipper Hello fresh to put on the stock market with 21.5 per cent of the strongest. Driven by these gains, the MDax for medium-sized enterprises-traded securities of the investment company Rocket Internet grew by 3.6 percent. The Start-up developer had brought to Hello fresh in November 2017, the stock market and still holds a share of just under 30 percent of the company.
the hope for a solution to the trade dispute also car benefited and chemical values for: Continental, won 4.5 percent; BMW , Daimler and Volkswagen rose rapidly. BASF shares rose by slightly more than 4 percent.
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