DAX makes strong gains - Munich Re at the top

Traders on a stock exchange, about dts
Traders on a stock exchange, about dts
The DAX rose strongly on Wednesday.

At the Xetra close of trading, the index was calculated at 13.237,21 points, an increase of 2,07 percent compared to the previous day's close. According to market observers, there are signs of an end to the price corrections on Wall Street, which makes investors optimistic.

At the top of the DAX price list on Wednesday, shortly before the close of trading, Munich Re's shares were up over three percent, followed by those of Infineon and Deutsche Telekom. MTU Aero Engines shares recorded the greatest discounts, with a decline of over two percent, behind shares of Continental with price losses of less than one percent. The European common currency trended stronger on Wednesday afternoon. One euro cost 1,1816 US dollars (+0,37 percent).