Investors react to the outcome of the federal election with relief.

The Dax rose by 1.1 percent to 15,698 points when it opened on Monday.

“Traffic light or Jamaica?

The stock exchanges can live well with both possible and probable constellations, ”said portfolio manager Thomas Altmann from investment advisor QC Partners.

"Even a continuation of the Groko would not be a disaster for the stock exchanges." According to the preliminary official final result, the SPD ended up just ahead of the CDU / CSU.

In mathematical terms, coalitions with the Greens and the FDP and leadership of the Social Democrats (traffic light) or the Union (Jamaica) are possible.

Zooplus was one of the favorites on the German stock market.

The titles of the online pet supplies retailer rose by 4.3 percent to a record high of 486 euros.

Financial investor EQT outbid US rivals Hellman & Friedman and wants to buy the German company for 470 euros per share or a total of 3.6 billion euros.

"The end of the flagpole has not yet been reached in times of very cheap money," said a stockbroker.

The Dax had finally ended the series after losing three weeks in a row and closed the last week, which was quite turbulent, with a moderate plus.

After falling to its lowest level in four months in the wake of the crisis at the Chinese real estate company Evergrande, the US Federal Reserve provided for relaxation, which is sticking to its loose monetary policy for the time being.