Frankfurt / Main (dpa) – On the last trading day with 23 index values, the Dax showed its friendly side on Friday.
The German benchmark index was in the morning by 0, 50 percent higher at 15 732, 83 points after he made it right from the start over the last hard-fought Brand of 15. 700 counters.
The MDax of the 60 medium-sized stock market values rose in early trading by 0, 87 percent to 35 868, 61 counter. The European benchmark index EuroStoxx 50 rose by 0, 96 percent to 4209, 77 Points at.
According to stockbrokers, the mood in trading continues to be of uncertainty in view of inflation and economic worries and the unclear further steps taken by the US Federal Reserve embossed. The so-called big expiry day with expiring futures contracts on stocks and indices on the futures exchanges could cause fluctuations before the weekend , i.e. options and futures on indices and individual stocks, falls on the same day. On these dates, share prices and indices can fluctuate noticeably without significant company or economic news. There are a total of four major expiry dates each year, on the third Friday of March, June, September and December. Stronger price fluctuations on such days are particularly evident in the case of equity heavyweights in the corresponding indices.
Commerzbank made the headlines. There is a report in the “Handelsblatt”, according to which the financial investor Cerberus shows interest in the shares held by the federal government. According to traders, this fires the imagination of investors. Commerzbank shares were in demand early in the morning and made it to the top of the MDax with a price increase of more than four percent.
Continental topped the Dax. With an increase of around 2.3 percent, they recovered a little from the most recent price kink after the spin-off of the drive technology specialist Vitesco.
Vitesco shares rose by around 0.6 percent to last 59, 23 Euro before, after a rather mixed stock market start on Thursday. Positive expert opinions provided a little tailwind.
In the back rows of the stock market, the shares of the car rental company Sixt stood out, they rose with a premium of more than five percent to a high since June.
After the close of trading, the Dax will be increased. With stocks like Zalando or Hellofresh, the most important German stock market barometer is getting younger and more colorful. From Monday on, the leading index will have 40 values, including Airbus, another heavyweight.