On Tuesday, the German stock market became a leader among European exchanges. The DAX index rose by 1.3%, thanks to the growth of stocks of companies in the industrial and technology sectors.
Shares of the airline Lufthansa rose by 4.2% after the company announced plans to resume flights for the summer season. Shares of software producer SAP also significantly increased due to the strengthening of the euro against the dollar, which is positively reflected in export profits.
"After several sessions of decline, the European stock market finally showed growth," said investment analyst Peter Schmitt. "Investors are cautiously optimistic in anticipation of the upcoming wave of quarterly financial reports."
