The German stock market, the DAX, exhibited a subdued performance on the Day of German Unity, showing little significant movement throughout the morning session. By midday, the benchmark index reached approximately 24,460 points, a modest 0.2 percent increase from the previous day’s closing level.
Leading the gains were shares in Commerzbank, Deutsche Bank and Daimler Truck. The latter experienced positive movement after recent declines, suggesting a potential recovery. Conversely, shares in Zalando, Deutsche Börse and Bayer saw losses.
Scheduled publication of US employment figures, originally planned for the afternoon, has been postponed due to current budget constraints within the United States, resulting in a temporary suspension of statistical releases.
The Euro strengthened slightly against the US Dollar on Friday afternoon, trading at $1.1736, equivalent to €0.8521 per dollar.
Gold prices saw a slight increase, with the spot price reaching $3,863 per fine ounce ($105.82 per gram).
Crude oil prices also rose, with Brent North Sea crude fetching $64.51 per barrel, a 40-cent or 0.6 percent increase from the previous day’s closing price.