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FRANKFURT (dpa-AFX) – The stabilization attempt on the German stock market continues: Dax (DAX 30) on Monday morning gained a high price hike for a positive conclusion before the weekend. Shortly after the launch, the German benchmark index was 1.07% higher than 11.312.19 points.
However, securities brokers warn of premature optimism after last week's Dax dropped to 11,009 points a year, and despite a stabilization effort, it has suffered a two-week loss. "Overall, confidence in the market is still extremely fragile," said analyst Stephen Innes from broker Oanda in the morning. Talking about the sentiment in German companies, Ifo Business Climate Index is providing advice in the morning in the morning.
The MDAX index for medium-sized companies increased by 0.84 percent to 23,404.85 meters. Eurozone's leading index EuroStoxx 50 (EURO STOXX 50) increased by 1.07 percent to 3170.78 points. / Tav / fba