Stock market in the morning: Dax starts with mini gains, Rheinmetall gives way
The leading German index Dax begins trading on Wednesday slightly above the level of the previous day. Rheinmetall stops its price increase.
the dax begins trading Wednesday morning at 17,795 points. This means you gain 29 points or 0.16 percent. The MDax The median values are trading almost unchanged at 25,989 points.
Market watchers expected a market recovery after US indices performed significantly better than German stock markets the previous day. The Dow Jones gained about 0.1 percent, the Nasdaq Composite fell slightly.
Infineon and Rheinmetall under pressure
Adidas was one of the strongest DAX stocks of the morning and Commerzbank with price increases of around one percent.
Infineon came in at the bottom of the rankings with losses of around 2.5 percent. The arms manufacturer Rheinmetall lost a good one percent and was unable to continue its price increase. The newspaper was worth just under 300 euros at the beginning of 2023/2024 and has since been one of the biggest winners on the Dax. Rheinmetall is currently trading at around 535 euros.
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mbe/with dpa
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