Commercial conflict avoided – Dax ends the week with full more

The Dax is tied to its gains from the day before Friday. Compared to the previous week, the German advanced index has brought a more than about 2.4% on the finish line.

Finally, the Dax gained 0.40% to 12,860.40 points and thus maintained its highest level since mid-June. Not only did he record the fourth consecutive week of positive trading, but also his biggest success since March.

Investors over the weekend continued to relax in the trade dispute between the United States and the EU. In addition, strong growth data from the United States has created a good mood. Overall, therefore, it can be said that "risk appetite has increased again," as badyst Craig Erlam of Oanda currency broker said. The main German index also received technical support. More recently, it has been trading above the 200-day mark, a long-term trend indicator that has attracted a lot of attention among card manufacturers.

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26,975.28 points behind. The TecDax technology index, by contrast, rose even more sharply by 0.69% to 2,952.76 points.

In video: "Update stock market Friday – the commercial war canceled for the moment"