Germany’s DAX 30 index jumps above 12,000 for first time
Germany’s DAX 30 index DAX, +1.07% jumped to an all-time intra-day high on Monday, climbing above the 12,000 mark for the first time ever.
The index briefly touched 12,001.98, but fell back to trade up 0.8% at 11,991.92 at the latest. The German benchmark has rallied 22% since the start of 2015, as the country’s exporters benefit from the weak euro EURUSD, +0.44% The shared currency is trading around a 12-year low against the dollar, weakened by the European Central Bank’s aggressive quantitative-easing program.
On Monday, shares of Siemens AG SIE, +1.95% up 1.8%, and K+S AG SDF, +2.35% up 1.7%, helped lift the DAX index.
Source: MarketWatch – Germany’s DAX 30 index jumps above 12,000 for first time
Related Posts
Elliott Wave Market Overview: EUR, GBP, WTI, DAX
Elliott Wave Analysis: German DAX Looking Higher In The Long Run
Deutsche Börse launches Intraday Volatility Forecast 
Europe stocks lower with earnings season off to volatile start
Thursday July 30: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
