Dax Index
The DAX index rose by more than 1.40% as investors focused on the eurozone recovery. The index is trading at €12,180, a day after it crossed the important psychological level of €12,000. All stocks in the DAX were in the green today. Similarly, other European bourses like the CAC 40, FTSE MIB, and SMI rose by more than 1%.
DAX index
The DAX index rallied by almost 2% today as the market continued to react to the ECB interest rate decision. In this, the bank left interest rates unchanged and decided to add €600 billion into its original €750 billion program. This stimulus, together with the Merkel-led fiscal stimulus will help German stocks in the near term.
Dax Index
The DAX index declined by more than 0.90% as the recent rally took a breather. The index is trading at €12,720, which is a few points below the March high of €13,817. The divide between the gainers and laggards was similar, with Lufthansa being the best-performing stock in the index.
Dax Index
DAX Index is among the worst-performing indices in Europe today. It is down by more than 3%, which is worse than the FTSE 100 2.70% decline and FTSE MIB’s 2.76% decline. The only index near to the DAX is France CAC. The selloff in Europe and Asia is mostly because of the dovish statement issued by the Federal Reserve yesterday.
Live