FRANKFURT (dpa-AFX) - The Dax set another record on Thursday. The leading index rose by 0.39 percent to 20,655 points in early trading. In the opening minutes, it even pushed its record up to 20,675 points. The day before, it had already marked a high with US consumer prices and strong figures from major US banks.

In the second tier of German stock exchanges, the MDax rose by 0.51 percent to 25,696 points on Thursday. At the Eurozone level, the leading EuroStoxx index rose particularly sharply in the morning by more than one percent. It was supported by significant price gains in the luxury goods sector.

Investors are less concerned again after the inflation data from the US that the US Federal Reserve might stop its interest rate cuts this year or might even raise the key interest rate in the future. According to investment analyst Matthias Schell from Landesbank Baden-Wuerttemberg, investors on the financial markets are therefore taking more risk again, which is putting pressure on yields on the bond markets./tih/mis