On Friday, European stock markets opened positively, with the DAX continuing to rise in early trading. The DAX benefits from a positive market sentiment, increasing by about 0.8 percent to reach 23,833 points – the highest level in over two weeks.
Positive Impulses from Abroad
This upward movement is supported by favorable cues from foreign markets as well as progress in customs negotiations. The Euro-Stoxx-50 also rises with a gain of around 0.9 percent to 5,294 points.
Winner of the Day: RTL
Especially notable are the strong price gains at RTL. Following the acquisition of Sky Deutschland for 150 million euros, the stock rises by over 12 percent, emerging as the winner of the day. This acquisition strengthens RTL’s position in the streaming and linear TV sectors.
The positive sentiment in the European markets is also contextualized by a rally on Wall Street. Tech stocks there have reached new record highs, particularly in the Nasdaq-100, while the S&P-500 is also close to its all-time high.
In summary: The DAX continues to rise on Friday morning thanks to positive impulses from abroad and good news such as progress in customs negotiations and strong individual stocks like RTL.