• Mon. Jun 24th, 2024

Positive Start to the Week for Dax

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Jun 24, 2024

The Frankfurt Stock Exchange has experienced moderate gains once again following a strong performance in the previous week. Early trading saw the DAX benefitting from increases in car prices and optimism surrounding the resolution of tariff disputes between Europe and China. The DAX initially rose by 0.22 percent to 18,202.63 points, while the MDax also saw a 0.07 percent increase to 25,313.37 points. The EuroStoxx 50, the leading index in the Eurozone, saw similar gains to the DAX.

Despite the positive performance last week, concerns over the upcoming French elections continue to cast a shadow over the markets. The possibility of significant changes in French financial and economic policies has led to recent turbulence in the markets. The sword of Damocles represented by the French elections looms large, causing uncertainty and impacting market sentiment. Investors are closely monitoring the developments and potential outcomes of the election to gauge their impact on the financial landscape.

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