Germany's DAX Index Rises, Close to Record High
Listen to the story
Germany's stock market went up today.
The main index is called the DAX. It rose 0.51%.
The DAX was close to its record high. A record high is the best number ever.
Bank shares and defence company shares helped the index go up. Banks are places for money. Defence companies make things for the army.
Later, the DAX moved to 26,299.74 points. This was 0.12% lower than before.
But the DAX still had a strong day. Many investors were happy.
An index shows how many big companies are doing. When it goes up, this is often good news for the country's economy.
People who watch the stock market said this was a good session. A session is one day of trading.
Vocabulary15 words
- index
- a number that shows how a group of things is doing
- record high
- the highest number ever reached
- bank
- a place that keeps and lends money
- defence
- related to protecting a country, like the army
- shares
- small parts of a company that people can buy
- stock market
- a place where people buy and sell shares
- investors
- people who put money into companies to make more money
- session
- one day of buying and selling
- close
- the end of the trading day
- trade
- buying and selling
- economy
- how money and business work in a country
- points
- the units used to measure an index
- gains
- increases; when something goes up
- company
- a business that makes or sells things
- strong day
- a day when prices go up a lot
Quiz
Answer key
1. It went up 0.51% 2. Bank and defence shares 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Germany's stock market went _____ today.
The main index is called the _____. It rose 0.51%.
The DAX was close to its record _____.
_____ shares and defence company shares helped the index go up.
Later, the DAX moved to _____ points.
This was 0.12% _____ than before.
But the DAX still had a strong _____.
Many _____ were happy.
An index shows how many big _____ are doing.
People who watch the stock market said this was a good _____.