FRANKFURT (dpa-AFX) - Following Friday's positive trend, the German stock market opened the shortened trading week before Christmas with little change. The DAX was up 0.1 percent at 24,311 points just minutes after the Xetra trading session began. The MDAX of mid-cap stocks remained virtually unchanged at 30,362 points. The EuroStoxx 50 also rose by 0.1 percent.
At the end of last week, the DAX regained the psychologically important 24,000-point mark, buoyed by the recent key interest rate cut and inflation data from the United States. A decline in US inflation reinforced expectations for further interest rate cuts in 2026. Additionally, the European Central Bank (ECB) kept its key rate unchanged, allowing the public sector and businesses to continue benefiting from the relatively low interest rates as the eurozone heads into 2026 with renewed economic hopes./edh/nas
