Dax starts the day with price gains
Created: 06/28/2022, 09:30 am
The Dax is the most important stock index in Germany.
© Fredrik von Erichsen/dpa
The German stock market posted price gains at the start of trading on Tuesday.
A few minutes after the start of Xetra, the Dax was 0.91 percent higher at 13,306 points.
Frankfurt/Main - However, the environment remains difficult in view of ongoing recession and inflation concerns.
Only in the previous week had the Dax marked a low since March at 12,904 points.
The MDax for medium-sized stocks increased by 1.16 percent to 27,468 points on Tuesday morning.
The leading eurozone index, the EuroStoxx 50, rose by 0.9 percent.
Market participants will pay attention to the speech by ECB President Christine Lagarde at the opening of the European Central Bank's monetary policy symposium in Sintra, Portugal.
Since the ECB's timetable for tightening monetary policy for the next few months has already been communicated quite clearly, Lagarde is unlikely to present much that is new, expect Commerzbank's foreign exchange experts.
dpa
