Dax up slightly ahead of US elections after weak previous week | Free Press

Frankfurt / Main (dpa) – In the week when the US presidential elections were the central event, the Dax started with a clear advantage.

On Monday afternoon, Germany’s leading index gained 1.70 percent to 11,753.16 points. In the previous week it had lost almost nine percent, especially burdened by the blockades in Europe.

The MDax of the 60 median stocks of the stock market rose 1.31 percent to 26,058.85 points on Monday afternoon. The EuroStoxx 50 as the leading barometer for the euro zone was up 1.8 percent.

In addition to the US elections and the blockades in Europe, the balance sheet season continues to determine the agenda in this country. The performance of the medical technology company Siemens Healthineers called a mixed distributor. Stocks listed on the MDax were moderately weaker. Financial services provider Hypoport is on track to its annual goals despite the Corona crisis and a significant drop in profits. The shares gained 1 percent on the small-cap SDax index.

Europe’s building materials sector continued its recent stabilization. HeidelbergCement shares took the lead in the Dax with a four percent lead.

The actions of the winners of the crown crisis became popular again. Shares of Shop Apotheke gained more than four and a half percent on the MDax. At the SDax, the Hornbach Baumarkt jobs were ahead by more than six and a half percent.

The euro was trading at $ 1.1650 in afternoon trading. The European Central Bank (ECB) set the benchmark rate at $ 1.1698 on Friday. In the bond market, the current yield rose from minus 0.63 percent on Friday to minus 0.62 percent. The Rex bond index fell 0.05 percent to 146.49 points. The Bund future fell 0.05 percent to 176.09 points.