Dax current: Dax starts big numbers week with profit - gas price rises to record high since 2022

Dusseldorf. The Dax starts a busy week with gains. Late on Monday afternoon, the leading German index was trading at 25,500 points, up around 1.3 percent. This means that it is gradually recovering from a loss-making previous week, which ended around 1.7 percent in the red at 25,182 points.

The Dax remained within the range of around 25,000 to 25,500 points. The index has been moving in this range since mid-September. As soon as the prices move to one of the two edges, the first profit-taking or new purchases begin.

But the new week could provide decisive new impulses. Investors expect dozens of quarterly figures, which will begin the heyday of quarterly reports in Germany and Europe.

While data impulses on Monday remain the exception, Porsche and Beiersdorf will report from Tuesday. On Wednesday BASF and Deutsche Bank, on Thursday VW and Adidas from the last quarter.

After the previous week's tech sell-off, the data from US tech companies Amazon, Alphabet and Microsoft, which will also be announced this week, will also be relevant. The numbers could set a new direction for stock market trading.