The investors in the German stock market reacted calmly to the clear rejection of the Brexit agreement by the British parliament.
„It seems traders and investors have been well prepared,“ said chief strategist Michael McCarthy of broker CMC Markets.
The Dax advanced shortly after the opening by 0.41 percent to 10,936.34 points. This leaves the round mark of 11,000 points, at which the Dax had failed several times, in strike distance. The MDax for mid-sized companies gained 0.42 percent to 22,732.29 points. The Eurozone leading index EuroStoxx 50 was up 0.43 percent.
According to market expert Thomas Altmann of the asset manager QC Partners, statements by ECB President Mario Draghi, who spoke to the European Parliament last week before an expected economic slowdown but does not expect a recession, are reassuring.
