Rheinmetall on the high of the winners | EUROtoday

Although it first taken care of a cautious begin to the brand new commerce week, the German main index Dax rose to a brand new file excessive within the morning. Shortly earlier than midday, the index was 22,684 factors, a rise of 0.75 % on the time of buying and selling on Friday.

Before that, round 11 a.m., the German inventory market barometer even reached a brand new file excessive with 22,715 factors. Accordingly, the German main index has gained over 13 % for the reason that starting of the yr.

Before the Bundestag election, market observers spoke of a powerful curiosity in buy of overseas traders at first of the week. Investors additionally speculate on additional falling curiosity. However, fears whether or not the tariffs thought of by US President Donald Trump hardly play a job.

At the highest of the winners is the armaments group Rheinmetall, whose papers elevated by greater than eight % in the middle of commerce. But additionally Siemens Energy (+ 4.5 %), Deutsche Bank (2.1 %) and the insurer Munich Rück (+ 1.8 %) recorded vital income.