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Dax is going out of business stronger

Dax curve

View of the Dax curve in the Frankfurt trading hall.


(Photo: dpa)



Dusseldorf The German stock market was once again in a robust position on Thursday: the Dax closed 1.35 percent higher at 10,749 points, the daily high was 10,755 points.

Robust because of the German companies cut production at record speed in March in the face of the corona crisis. Industry, construction and energy suppliers together produced 9.2 percent less than in the previous month. It is the sharpest decline since the start of the time series in January 1991. Economists, on the other hand, had only expected a decline of 7.5 percent. Nevertheless, the Dax is going uphill.

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