Intoxicated by the record rally on Wall Street, investors are also eagerly buying German stocks.
The Dax climbed an all-time high on Thursday at 16,050.60 points and was up 0.6 percent.
Stockbrokers are relieved that there is now finally clarity about the future monetary policy course of the Fed. The decision was made on Wednesday evening as expected and is gradually reducing the volume of its securities purchases. At the same time, Fed Chairman Jerome Powell dampened speculation that an interest rate hike was imminent. "The tapering begins - the interest rate turnaround will not happen for the time being," summarized the Commerzbank analysts. On Thursday, all eyes will be on the Bank of England's interest rate decision.
In addition, a number of balance sheets moved the courses. Deutsche Post shares rose 1.7 percent. Thanks to the booming parcel and express business, the group set itself higher goals. Lanxess, however, fell by 5.6 percent after a profit warning. A takeover offer from a Canadian investor for office property landlord Alstria Office sent the shares soaring. They jumped 20.3 percent to a record high of 20 euros.
After returning to the profit zone, Commerzbank shares rise by seven percent to 6.90 euros.
This means they have reached their highest level in two and a half years.
The quarterly operating result is 30 percent above average estimates, stated JP Morgan and Citigroup.
After previously difficult months, it was difficult "to find too many errors" in the report for the third quarter, it said at Citi.
The bank seems to be strategically on the right track.