Stock exchange in Frankfurt: Dax starts with a plus – good mood in China helps

Friendly guidelines from the Far East had a positive impact on the German stock market on Monday. The Chinese government lowered stamp duty on stock trading for the first time in 15 years. This created a good mood and gave the trading centers in China a significant boost. In Japan and South Korea, stock prices also went up at the beginning of the week. In the first few minutes of trading, the Dax rose by 0.8 percent to 15,757 points. The MDax of medium-sized titles rose by 0.8 percent to 27,206 points in the morning. The EuroStoxx 50, the leading index for the euro zone, rose even more.