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German stock market index DAX begins its trading ahead of Christmas.

Updates from Oldenburg and its surrounding areas

Markets kick off earlier than Christmas with DAX leading the charge
Markets kick off earlier than Christmas with DAX leading the charge

German stock market index DAX begins its trading ahead of Christmas.

The Frankfurt Stock Exchange opened with gains on Wednesday, following a positive trend from the previous day's opening. The DAX, the German stock index, increased by 0.6 percent from the previous day's close, calculating at around 13,495 points at 09:30.

The euro's value remained slightly stronger, with one euro costing 1.2175 US dollars. Meanwhile, one dollar was worth 0.8214 euros, maintaining its value from the previous day.

The price of gold increased, with one ounce trading at $1,868 (+0.4 percent). However, the price of Brent crude oil decreased, costing $49.76 at 9:00 CET. This represents a decrease of 32 cents or 0.64 percent from the previous day's close.

In terms of individual shares, Daimler, Continental, and MTU led the list, while Delivery Hero, Adidas, and Deutsche Wohnen found themselves at the bottom. It's important to note that no specific companies were mentioned to be leading or at the bottom of the list of shares.

Interestingly, the price of gold and Brent crude oil were not among the leading or bottom shares on the Frankfurt Stock Exchange. The price of gold, in euros, is equivalent to 49.33 euros per gram.

There are no specific search results providing the data for the highest and lowest stock price developments on the last trading day before Christmas at the Frankfurt Stock Exchange. The DAX has not been updated since its previous calculation at around 13,495 points at 09:30.

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