With a high for almost two months, the Dax made a strong start to November on Monday.
Around noon, the German benchmark index was 0.88 percent higher to 15,827.55 points.
Frankfurt / Main - He had already closed October with a profit of around three and a half percent.
The record high of 16,030 points is now approaching again.
The MDax of medium-sized stock market stocks gained 0.94 percent on Monday to 35,180.11 points.
The Eurozone leading index EuroStoxx 50 also recorded a plus of 0.7 percent.
Concerns about inflation and the likely soon more restrictive monetary policy not only from the US Federal Reserve, but possibly also from the European Central Bank (ECB), did not hold back investors at the beginning of the week.
Disappointing quarterly reports from Amazon and Apple also only temporarily dampened the mood to buy.
also read
Dax starts October weakly
The Dax started October with losses on Friday.
After a changeable course, the German leading index lost 0.68 percent to 15,156.44 points.
Dax starts October weakly
US stock exchanges: job data and quarterly numbers are driving the Dow
After a disappointing week, the US stock exchanges are back in positive territory.
The developments on the labor market make investors positive, and there are fewer loan defaults than feared.
US stock exchanges: job data and quarterly numbers are driving the Dow
Weak Wall Street puts pressure on Dax
The German stock market got off to a weaker start to the week.
After hardly any movement over long stretches of the trading day, the Dax came under pressure in the late afternoon in the wake of significant losses on the US stock exchanges.
Weak Wall Street puts pressure on Dax
The sealed end of the tariffs on steel and aluminum between the USA and the European Union has a positive effect in this country.
Steel stocks such as Salzgitter, Klöckner & Co and Thyssenkrupp increased by two to three and a half percent.
The paper of the consumer goods manufacturer Beiersdorf, which returned to the Dax last Friday, increased in price by a good two percent at the top of the index.
The shares of Hapag Lloyd jumped after the forecast increase before the weekend by almost seven and a half percent.
Shipping company values presented themselves strongly overall.
The share certificates of the Danish competitor Moeller Maersk were also in demand, as were the titles of the Hamburg port logistics company HHLA.
According to Deutsche Bank analyst Andy Chu, 2022 should also be an excellent year for the industry.
The average freight rates could increase significantly again.
dpa
