The record hunt on the German stock market continues.

The Dax approached the 16,000 mark on Friday and rose 0.1 percent to 15,954 points in the first few minutes of trading.

"With the new all-time highs, the mood on the floor has improved significantly," said portfolio manager Thomas Altmann from asset manager QC Partners.

"We see new entries and increases in positions again."

There was a price explosion at the online pet supplies retailer Zooplus after a takeover offer.

The papers jumped 41 percent to 392.40 euros.

The US financial investor Hellman & Friedman is offering 390 euros in cash per Zooplus share.

Investors also got into Adidas after the sale of the sporting goods brand Reebok. The group wants to distribute part of the proceeds to its own shareholders, as a dividend or in the form of a share buyback. Adidas shares gained 1.8 percent and were thus at the top of the Dax. (Reporter: Anika Ross, edited by Christian Götz.