Dax jumps to record high

German corporations report excellent business at the beginning of the year, and the US stock exchanges are also pulling the Dax up with them: the German benchmark index reached a new record high shortly after the start of trading on Friday. The Dax was listed at 15.335 points with a plus of around 0,5 percent.

It was only last week that the Dax had reached an all-time high. Now, among others, the Stuttgart-based car manufacturer Daimler provided good news on the stock market with a very high operating profit in the first quarter. The shares of Daimler recently gained more than two percent in value.

The MDax also reached a historic high. Most recently, the index of medium-sized values ​​gained 0,65 percent to 33.221 points. The SDax small cap index, which had exceeded 16.000 points for the first time the day before, recently achieved 16.070,05 points, an increase of around 0,7 percent.

The day before, the New York Stock Exchange had also set a new record. The Dow Jones index rose above the 34.000 mark for the first time on Thursday.