Dax holds the mark of 15,000 points

Released on 07.10. 2021

  • The Dax is the most important stock index in Germany. Photo: Fredrik von Erichsen

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Frankfurt / Main (dpa) – Declining fears of inflation and positive news from the USA gave the Dax a boost on Thursday. The leading index passed the mark of 16. 000 Points and wrote down 1, 15 Percent in plus at 15. 146, 00 counters.

The MDax rose by only 0, 03 Percent on 33. 304,19 Points. For the EuroStoxx 50 as the leading index for the Eurozone, it rose by around 1.4 percent.

The falling energy prices, which indicate an easing on the inflation front, are helpful, emphasized market expert Andreas Lipkow from the Comdirect. The price moving in the afternoon is likely to be the US initial jobless claims, which allow further conclusions to be drawn about the monetary policy of the US Federal Reserve of the gas supply for the EU, the situation on the oil and gas markets eased. On the previous evening, an offer by the Republicans not to block the extension of the US debt ceiling until December had provided support on Wall Street.

Negative impulses came from new economic data. German industry produced 4.0 percent less in August compared to the previous month. Analysts had only expected a decline of 0.5 percent.

Among the individual values ​​in the Dax, BMW was one of the most attractive values ​​with plus 2.3 percent. As the front-runner in the MDax, the Varta papers jumped 5.2 percent to the top. The shares of Teamviewer fell 5.5 percent as the bottom of the MDax and marked at 16, 60 Euro another record low.

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