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Record in sight:
The Dax reached a new record on Monday
Photo: Arne Dedert / dpa / dpaweb
Buying mood on the stock exchange: The Dax reached a record high right at the start of trading on Monday and exceeded the mark of 14,160 points.
This corresponds to a Dax increase of 0.7 percent.
The stock market barometer marked the previous record high on January 8 at 14,131 points.
The leading Eurozone index EuroStoxx 50 also increased.
In the USA, the market-wide US index S&P 500 and the price barometer of the technology exchange Nasdaq had already advanced with new highs in the previous week.
Some of the Asian stock exchanges were clearly positive.
"The mood on the floor is still brilliant," commented portfolio manager Thomas Altmann from QC Partners.
"Investors hardly look at what's going on right now. Investors are interested in where the economy could be in two years when the pandemic is finally over."
The promotion of the new US Treasury Secretary Janet Yellen for the billion dollar aid package from US President Joe Biden and the prospect of a return to full employment in the coming year would also be well received.
In this country, takeover hopes are likely to inspire Dialog Semiconductor's papers.
The Japanese company Renesas Electronics has its eye on the semiconductor company and is considering paying EUR 67.50 per share.
You are in "advanced talks," said Dialog.
For the Credit Suisse expert Achal Sultania, a dialogue takeover makes sense for the Japanese.
They are already working closely together in some areas.
On the trading platform Tradegate, the shares of Dialog Semiconductor were quoted at 65.98 euros and thus almost 18 percent above the closing price on Friday.
Our stock exchange page:
All stocks and indices at a glance
In the MDax of medium-sized stocks and in the SDax small cap index, investors are focused on the telecommunications industry.
1 & 1 Drillisch took a step forward on the way to becoming the fourth mobile network operator in Germany.
The competitor Telefonica Deutschland submitted a new offer for the temporary use of its mobile network.
In this, the prices for 1 & 1 Drillisch have been reduced, so that the company can look forward to a potential positive earnings effect of around 30 million euros for the 2020 financial year.
This increased the shares of 1 & 1 Drillisch on Tradegate by 2.6 percent.
The shares of the parent company United Internet went up by more than 3 percent.
Telefonica Deutschland's papers advanced by a good 1 percent.
Euro stays above 1.20 dollars
At the beginning of the week, the euro held above the US $ 1.20 mark.
The common currency cost $ 1.2040 on Monday morning, roughly the same as on Friday evening.
There was initially no strong impetus for foreign exchange trading.
The European Central Bank (ECB) set the reference rate on Friday afternoon at $ 1.1983.
At the start of the week, investors are looking at economic data from the euro zone.
In Germany, production data from industry is expected.
In addition, the Sentix institute publishes its barometer for investor sentiment in the
euro
zone.
President Christine Lagarde spoke from the ECB.
Oil prices soaring
Oil prices continued their soaring on Monday.
The prospect of increasing demand and a currently limited supply are giving the market a boost.
A barrel (159 liters) of the North Sea Brent cost briefly more than 60 US dollars in the morning.
Most recently it was $ 59.88, 32 cents more than on Friday.
The price of a barrel of US West Texas Intermediate (WTI) rose 56 cents to $ 57.41.
Oil prices are currently at their highest level in over a year.
The main factor is the hope that the demand for crude oil and oil products such as gasoline will pick up faster.
If the corona pandemic is increasingly pushed back by vaccinations, restrictions on public life could be lifted.
This would benefit the economy and increase oil demand.
Until then, the oil supply will be artificially reduced.
This is primarily due to the oil giant Saudi Arabia, which has cut back its production significantly for the time being.
However, due to the uncertain progress of the pandemic, the short-term risks are also considered high on the oil market.
with news agencies
