Suche
Mein Konto
Dax continues to grow - financial experts are observing positive developments on the stock markets
The trend on the stock markets continues to point upwards. Investors have not yet been slowed down by the cautious forecasts of large companies such as Apple. The German stock market posted further gains on Friday. The DAX rose every day of the trading week, which was last the case in the spring. The German leading index remains on track, but is slowly slowing down as the labor market in the USA is finally cooling down. This makes the expected monetary policy turnaround seem realistic. The Dax closed with a gain of 0.30 percent to 15,189 points and ended the week with a gain of almost three and a half percent. …
Dax continues to grow - financial experts are observing positive developments on the stock markets
The trend on the stock markets continues to point upwards. Investors have not yet been slowed down by the cautious forecasts of large companies such as Apple. The German stock market posted further gains on Friday. The DAX rose every day of the trading week, which was last the case in the spring. The German leading index remains on track, but is slowly slowing down as the labor market in the USA is finally cooling down. This makes the expected monetary policy turnaround seem realistic. The Dax closed with a gain of 0.30 percent to 15,189 points and ended the week with a gain of almost three and a half percent. The MDax of medium-sized companies rose by 1.65 percent to 25,137 points.
The labor market data in the USA had a positive impact on the German stock market. According to a report by Welt.de, US labor market data has cooled, making the expected monetary policy turnaround appear more realistic. This could mean that the US Federal Reserve feels less pressure to act and may not raise the key interest rate further. More stable monetary policy can have a positive impact on the German stock market, as lower interest rates can lead to companies and consumers borrowing and investing more.
Another factor that has influenced the German stock market is the quarterly figures of some companies. The real estate group Vonovia and the car manufacturer BMW presented positive quarterly figures, which led to a further increase in their share prices. Vonovia increased by 7.8 percent, continuing the positive trend of the past few days. BMW recorded an increase in sales and profits in daily business, which drove the recovery of the stock.
These positive developments can have an impact on the German stock market. More stable monetary policy and positive quarterly figures from large companies can increase investor confidence and lead to further gains on the stock market. This could encourage investors to enter the market or expand existing positions.
Source: According to a report by www.welt.de
Read the source article at www.welt.de