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The leading German index recently fell below 25,000 points. Volkswagen is struggling with an accelerated decline in sales in the third quarter.
Dusseldorf. An easing of tensions in the trade dispute between the EU and China is supporting the German stock market at the start of the week. The leading index was trading at 25,265 points at midday, up around 0.7 percent.
On Friday, the leading German index closed 1.1 percent higher at 25,087 points. It only fell below 25,000 points on Thursday and temporarily reached its lowest level since July 23rd.
The focus in the new week will continue to be the war in the Middle East, high energy costs, rising interest rates worldwide and the high national debt of some countries, but also two important events.
The Paris auto show starts on Monday. With a record number of 20 brands from the People's Republic, including BYD and Chery, the Chinese presence will double compared to the previous trade fair in 2024. Domestic manufacturers want to prove their competitiveness by introducing new, more affordable electric models.
Europe's largest car manufacturer Volkswagen also presents its sales figures for the third quarter. The decline in sales accelerated further in the third quarter. Around 1.89 million vehicles from all Group brands were delivered to customers worldwide from July to September - 14.3 percent fewer than a year earlier, as the company announced.

The EU and China have agreed on an annual import cap of 350,000 Chinese hybrid cars. The measure is intended to protect European manufacturers from cheaper competition and expires after four years.

The DAX is trading steadily above 25,000 points, supported by positive US guidance. Despite the recovery, high oil prices, bond yields and budget deficits are weighing on the markets. Volkswagen reports significant declines in sales, while Traton is increasing.

Audible is introducing three new AI features to make audiobooks more interactive and increase user engagement. Despite the AI trend, the company emphasizes the importance of human speakers while positioning itself against Spotify's expansion.

US economists Robert E. Hall and Michael Woodford will receive this year's Nobel Prize in Economics for their macroeconomic models that help governments and central banks stabilize the economy.

The Hamburg energy technology startup 1Komma5Grad has raised 70 million euros in a new financing round and increased its valuation to 1.35 billion dollars. The capital will flow into AI-supported controls and international expansion.

According to IMF head Kristalina Georgieva, the global economy continues to grow by around three percent. High investments in AI infrastructure in particular are driving development in Asian economies.