The German stock market has posted significant price gains. In this country and also across Europe, the recently shaken bank stocks in particular rose.
The leading index Dax rose by around one percent to 15,105.80 points after falling by 1.7 percent on Friday due to uncertainties related to the banking crisis and monetary policy.
At the beginning of the week in the morning, the MDax of medium-sized stock market stocks recorded an increase of a good one percent to 26,752.47 points. The leading eurozone index, the EuroStoxx 50, also rose by one percent.
“The supposed banking crisis has so far only turned out to be a storm in a financial teacup,” wrote market observer Andreas Lipkow. However, imponderables in the financial sector in particular often result in noticeable economic cooling tendencies. As a result, the economic prospects in the USA and Europe could cloud over visibly this time as well.
