India, July 7 -- The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is trading in the green zone on Monday amidst a mood of cautious optimism. Expectations of a trade tariff settlement between the E.U. and the U.S. boosted sentiment.
The index is currently trading 0.68 percent higher at 23,948.75, versus the previous close of 23,787.45. The day's trading ranged between a high of 23,951.50 and a low of 23,836.58.
In the 40-scrip index, only 19 scrips are trading in the overnight green zone. Munchener Ruck topped gains with a surge of 1.65 percent followed by Commerzbank that added 1.6 percent.
Merck topped losses with a decline of 2.1 percent. Sartorius and Porsche, both follow...