01:25Locals reacted to the high record increase in the German stock index (DAX) in Frankfurt, Monday, following the vaccine rollout and Britain's Brexit deal with the EU.
"I believe that the vaccine will bring hope, and that is why companies will start investing again, said Christian Spiering, one of the residents regarding the surge in the DAX index.
"I think that's a reason for hope, but whether it will actually help the economy in such a timely manner and show the effect remains to be seen," said Simone Bettelmann, another resident.
Germany's DAX Index reached a record high after the coronavirus pandemic saw Europe enter lockdown for the last few months, in a bid to curb the spread. It was reported that the DAX index gained 1.5 percent on Monday, exceeding its February previous high.
Germany: Frankfurt DAX index hits record high amid vaccine rollout and Brexit deal
Locals reacted to the high record increase in the German stock index (DAX) in Frankfurt, Monday, following the vaccine rollout and Britain's Brexit deal with the EU.
"I believe that the vaccine will bring hope, and that is why companies will start investing again, said Christian Spiering, one of the residents regarding the surge in the DAX index.
"I think that's a reason for hope, but whether it will actually help the economy in such a timely manner and show the effect remains to be seen," said Simone Bettelmann, another resident.
Germany's DAX Index reached a record high after the coronavirus pandemic saw Europe enter lockdown for the last few months, in a bid to curb the spread. It was reported that the DAX index gained 1.5 percent on Monday, exceeding its February previous high.
Locals reacted to the high record increase in the German stock index (DAX) in Frankfurt, Monday, following the vaccine rollout and Britain's Brexit deal with the EU.
"I believe that the vaccine will bring hope, and that is why companies will start investing again, said Christian Spiering, one of the residents regarding the surge in the DAX index.
"I think that's a reason for hope, but whether it will actually help the economy in such a timely manner and show the effect remains to be seen," said Simone Bettelmann, another resident.
Germany's DAX Index reached a record high after the coronavirus pandemic saw Europe enter lockdown for the last few months, in a bid to curb the spread. It was reported that the DAX index gained 1.5 percent on Monday, exceeding its February previous high.