DAX starts the new trading week with momentum - Auto sector benefits from the outlook for easing in the chip supply crisis - KION significantly up after Jefferies study - Allianz benefits from BofA upgrade to Buy - CBOE Group impressed with strong Q3 results and raised forecast!
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The DAX presents itself significantly firmer on Monday after the recent pullback at the end of last week. After starting noticeably stronger this morning in tandem with strong cues from Wall Street, the German leading index has been able to expand its gains further and is up by +1.08% at noon . Significant gains are particularly evident among car manufacturers such as Mercedes-Benz (+3.24%), Volkswagen (+2.71%), BMW , as well as the automotive supplier Aumovio (+1.50%) , following indications of a solution emerging concerning the supply bottlenecks...
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