{"id":53736,"date":"2024-12-09T09:18:29","date_gmt":"2024-12-09T09:18:29","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/09\/dax-edges-higher-on-china-stimulus-optimism\/"},"modified":"2024-12-09T09:18:29","modified_gmt":"2024-12-09T09:18:29","slug":"dax-edges-higher-on-china-stimulus-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/09\/dax-edges-higher-on-china-stimulus-optimism\/","title":{"rendered":"DAX Edges Higher On China Stimulus Optimism"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks traded slightly higher on Monday after a measure of China&#8217;s consumer inflation unexpectedly decelerated in November and factory deflation eased, raising hopes for more proactive fiscal and monetary policies next year to boost domestic consumption. <\/p>\n<p>The Politburo, a top decision-making body led by President Xi Jinping, said today it will stabilize property and stock <span class=\"landLinks\">markets<\/span> while strengthening the &#8220;unconventional counter-cyclical&#8221; adjustment.<\/p>\n<p>The benchmark DAX was up 24 points, or 0.1 percent, at 20,409 after closing up 0.1 percent on Friday. <\/p>\n<p>Meal-kit company HelloFresh plunged more than 7 percent after reports of a U.S. probe over allegations of child labor.<\/p>\n<p>Laboratory and pharmaceutical supplier Sartorius gained 1.1 percent after naming a new CEO.<\/p>\n<p>Stabilus jumped 3 percent despite the machinery industry company reporting a fall in profit for fiscal 2024.<\/p>\n<p>CompuGroup Medical soared 31 percent. The provider of healthcare software said it is in advanced talks to be acquired by CVC Capital Partners. <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>DAX Edges Higher On China Stimulus Optimism<\/a><br \/>\n<br \/>2024-12-09 09:18:29<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks traded slightly higher on Monday after a measure of China&#8217;s consumer inflation unexpectedly decelerated in November and factory deflation eased, raising hopes for more proactive fiscal and monetary&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-53736","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=53736"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53737"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}