Trading EconomicsTrading Economics

Frankfurt Stocks Continue Climbing to New Records

Frankfurt's DAX 40 index rose by 0.4% on Tuesday, reaching a new all-time high of 18,330 points, as investors welcomed positive German economic data while anticipating crucial inflation figures from various European economies and the US later this week, seeking further insights into the trajectory of global monetary policy.

According to a GfK survey, German consumer sentiment improved slightly heading into April, with fewer households feeling compelled to save, despite lingering uncertainty surrounding Germany's economic outlook.

In terms of individual stocks, Munich RE (+0.9%), Deutsche Post (+0.8%), Commerzbank (+0.8%), Infineon (+0.8%), and Puma (+0.8%) spearheaded the gains for the day.

Login or create a forever free account to read this news