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Germany’s leading stock market index, the DAX, has climbed above 23,000 points for the first time.
The Frankfurt-based index hit a record high of 23,040.50 on Monday, just over a week since the conservative CDU/CSU bloc won national elections.
The DAX measures the performance of 40 leading German companies on the Frankfurt Stock Exchange.
The record run comes despite two consecutive years of recession in Germany, with the index passing the landmark of 20,000 points in December.
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