Frankfurt (dpa-AFX)-Thanks to new hopes for an early ceasefire in the Ukraine War, the recovery of the DAX took a lot of speed on Thursday. Positive impulses also came from increasing expectations of one Interest rate of the US Federal Reserve in September. The reporting season with numerous company numbers was also in the investor focus.

The German leading index overcame the round mark of 24,000 points and closed 1.12 percent in plus 24,192.50 points. On the two previous days, the stock market barometer had failed just because of this hurdle. For the MDAX of medium -sized values, 1.19 percent went up to 31,331.47 points on Thursday.

US President Donald Trump and Kreml boss Vladimir Putin Probably want to meet Ukraine for the first time for the first time to end discussions about the end of the Russian attack war against Ukraine. Both sides announced that the time was ripe for such a summit. Day and place have not yet been determined. Putin said that Russia had several friends who are ready as hosts to organize a summit. He sounded significantly more cautious when it comes to a possible three-way summit with the Ukrainian President Wolodymyr Selenskyj. He thinks such a meeting is possible, said Putin. However, the prerequisites would have to be right, and the conditions for this are still far away.

Among the individual values, Allianz’s shares with a price increase of 4.1 percent are among the top values in the DAX. After a surprisingly good quarter with lower disaster damage, the insurer sees himself on the right track to the result destination for 2025.

After initial price losses, the Siemens shares turned heavily into plus and ultimately won 3.7 percent. Despite the customs crisis, the technology group is robust and has continued to grow in the third business quarter.

According to the presentation of quarterly numbers, the shares of Deutsche Telekom lost five percent. The group had continued to consume from the booming shops of the US subsidiary and raised the profit view for 2025 again. Analyst Akhil Dattani from US bank JPMorgan, however, spoke of a certain weakness on the home market.

In the middle of the armaments boom, Rheinmetall loses speed on its growth course. In the event of sales and operational result, the company remained behind the expectations of the analysts. Brake tracks were also noticeable when the order is received. The stocks were the bottom of the DAX with minus eight percent.

The internet service provider Ionos will once again become more confident for the current year. The now targeted growth of the adjusted operational result surprised the analysts positively. The stocks had reached a record high and ended up on the MDAX tip with a plus 6.5 percent. The shares of Carl Zeiss Meditec came under the bikes. After the quarterly balance of the manufacturer of medical technology, they were the largest loser in the index with minus 9.5 percent.

A robust second quarter of Deutz gave the shares of the engine builder an increase of a good twelve percent. With this they had the front in the second -scale index SDAX.

The Eurozone-Leiten-Leindex EUROSTOXX 50 rose by 1.31 percent to 5,332.07 points. In Zurich (SMI), the profits were a little lower, while the London leading index FTSE lost 100 0.7 percent. The British central bank had reduced its key interest rate after an albeit tight decision, but they go for the future Financial markets Only from very careful interest reductions. In New York, the Dow Jones Industrial lost 0.8 percent./la/he at the European trade closes

— from Lutz Alexander, dpa-Afx —

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