The Friday’s session was not a breakthrough on the German trading floor, the DAX rose by 0.23%, however, at the lowest turnover in the whole week. The last 5 sessions brought the index increase by 1.5% to around 12,400 points. The central bankers’ symposium in Jackson Hole is continued, the president of the FED, said that economic growth is likely to continue and the US rate normalization process is right.
Among the components of the DAX index, the best result was recorded by Covestro, which gained 1.16% and Continental increased by 0.97%. The worst performers were RWE falling just 0.46% and Vonovia lost 0.41%. The total number of growth companies exceeded the number of companies losing on the Stock Exchange in ratio 401 to 281.
DAX Intraday
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