Dax is stabilizing

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Dax is stabilizing


After the previous day’s slide on the German stock market, the situation initially calmed down on Friday. Long-term oriented investors used the lower prices again to get started, it was said from the trade.


The Dax is the most important share index in Germany.


© Fredrik von Erichsen / dpa
The Dax is the most important share index in Germany.


Thanks to the bargain hunters, the leading German index, the Dax, rose by 0.57 percent to 12,776.06 points shortly after the stock market opened.

The MDax of the 60 medium-sized stocks rose by 0.87 percent to 27,702.82 points. Progress was also made on Europe’s stock exchanges, with the Eurozone leading index EuroStoxx 50 trading up 0.85 percent after the first few minutes of trading at 3219.93 points.

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