The series of friendly trading days for the DAX continues on Wednesday. Support comes from different sides.
With an increase of 0.42 percent at 22,520.49 points, the DAX entered the trade and thus increases the sixth day in a row. The leading index is also in the profit zone in the course of the trade.
On March 18, the German leading index had reached a new high with a view to the Bundestag vote on the financial package at 23,476.01 points. The DAX ended March 6th at 23,419.48 units – with a new all -time high at the final course basis.
22,500 mark gets into the eye
The recreation rally has the DAX jumped on Wednesday at the start of the 22,500 points brand – the important meter state has been defended since then. This means that the record from March remains targeted at 23,476 points.
In the end of April, the DAX is in a good one percent after it has meanwhile lost almost 17 percent as a result of the customs conflict that has started from the USA. He had also made his entire annual profit, which is now almost 13 percent.
The first Dax title have left crisis behind
The first DAX values have now even reached new highs, such as Rheinmetall, Siemens Energy or Hannover Rück and Munich Re.
Relief for auto tariffs has an effect
News from the United States contribute to the positive mood on the market: Car manufacturers in the USA are relieved of components in the tariffs. A high-ranking representative of the US Ministry of Trade confirmed corresponding media reports. The spokeswoman for the White House, Karoline Leavitt, had previously stated that President Donald Trump would sign decrees on Autozöllen during the day (local time). The government reacted to complaints in the industry.
Trump himself said it was just a “little help” during a “short transition phase”. The reliefs were very limited, he pushed. “Basically, they pay 25 percent,” he emphasized with a view to the car manufacturers.
Balance and guidelines from spa drivers
The US exchanges support the mood: in the USA, the stock markets had grown on Tuesday and the Asian stock exchanges were also predominantly in plus.
In addition, the SPD membership vote should be waited for the coalition agreement. “The coalition of the coalition is priced. Therefore, a negative vote could send clear shock waves through the markets,” said portfolio manager Thomas Altmann from QC Partners in Frankfurt.
As an impulse provider, numerous companies with their quarterly reports are otherwise in the agenda in Germany. With numbers, DHLund Mercedes-Benz are in view in the DAX on this day, details on the recently presented preliminary figures come from Volkswagen. Redaktion finanzen.net / dpa-fx / Dow Jones Newswires