Germany’s DAX Index Concludes Its Best Two-Year Rally Since 2013
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The DAX Index yield curve displayed on a screen at the Frankfurt Stock Exchange in Frankfurt, Germany.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
Germany’s main equity benchmark concluded its biggest two-year run in more than a decade, leaving the country’s European rivals trailing in the dust.
On Monday, the DAX Index closed the year 19% higher to extend a rally since January 2023 to 43%. While the export-heavy gauge has lagged the S&P 500 in the US for 2024, it far outpaced regional peers including the UK’s FTSE 100 and France’s CAC 40.