DAX increases significantly - investors are pleased with Daimler figures

Traders on a stock exchange, about dts
Traders on a stock exchange, about dts
At the end of the week, the DAX rose significantly.

At the Xetra close of trading, the index was calculated at 12.908,99 points, an increase of 1,62 percent compared to the previous day's close. The automotive group Daimler had presented its figures for the third quarter and presented preliminary earnings before interest and taxes of over three billion euros, which was well above expectations.

Shortly before the end of trading, the company's shares topped the list with gains of over five percent, followed by stocks from MTU Aero Engines and Continental. At the end of the list, Vonovia's stocks, with price losses of less than one percent, were behind Deutsche Wohnen's shares. The gold price was weaker, in the afternoon 1.900,53 US dollars were paid for one troy ounce (-0,38 percent). That corresponds to a price of 52,15 euros per gram.