DAX Index started higher the trading session as positive headlines crossing the wires suggesting that a Brexit deal is possible. EU’s Michel Barnier said that negotiations are currently intense and it is still possible to reach a Brexit deal this week. Germany ZEW Survey Current Situation came in at -25.3, topping forecasts of -26 in October, the ZEW Survey for the Economic Sentiment came in at -22.8 above forecasts of -27 in October.
The German main stock index has gained over 10% since the August lows and 17,30% in 2019.
Dax index is 0.31% higher at 12,523 having hit the daily low at 12,520 and the daily high at 12,590 boosted by adidas +1.50%, Fresenius +1.37%, Vonovia +1.25, Deutsche Post AG +1.06%, BASF SE +0.93%, and Infineon +0.73%.