FRANKFURT (dpa-AFX) - Supported by Siemens shares, the DAX once again surpassed the 25,000-point mark on Thursday. In early trading, Germany's leading index also climbed above the previous February high of just under 25,100 points. Previous attempts earlier in the week had failed.
Most recently, the DAX rose by 1.1 percent to 25,117 points, driven in no small part by Siemens shares, which benefited from a strong start to the technology group's fiscal year with gains of more than six percent. In the MDAX, momentum was somewhat more subdued, with an increase of 0.6 percent to 31,798 points.
The Eurozone's leading index, the EuroStoxx, also benefited from Siemens, reaching another record high. Meanwhile, the DAX is edging closer to its all-time high of 25,507 points.
However, the overall picture of earnings season on Thursday was mixed, with car stocks suffering a setback triggered by a weak report from Mercedes-Benz. Investors are now eagerly awaiting inflation data, which is scheduled for release in the United States on Friday. This represents the next key element in assessing the Federal Reserve's monetary policy leeway./tih/mis
