The German stock market rose noticeably on Wednesday morning.

The strong American stock exchanges and the generally positive targets from Asia after positive economic data from China provided tailwind.

The Dax was recently listed 0.65 percent higher at 15,655.94 points.

The stock market barometer has fluctuated over long distances between around 15,300 and around 15,800 points for weeks.

The M-Dax of the medium-sized stocks rose by 0.59 percent to 35,507.18 points in the middle of the week.

The leading Eurozone index Euro Stoxx 50 gained around 0.6 percent.

In addition to other company figures, investors are also focusing on economic data.

Among other things, the purchasing manager indices for the service sector from Europe and the USA are published.

The ADP report is also on the agenda as a harbinger of the labor market report on Friday.

The latest attempt at recovery by Siemens Energy shares stalled on Wednesday after quarterly figures were released.

Investors reacted disappointed to the problems at the wind power subsidiary Siemens Gamesa, which, according to JP Morgan analyst Andreas Willi, overshadowed the progress in the rest of the business.

The parent company slipped back into the red in the three months to the end of June and submitted a gloomy earnings target for the current financial year.

Siemens Energy shares fell by 2 percent, bringing up the rear of the DAX.

The Commerzbank shares reacted with a minus of 4.2 percent to the announcement of the financial house's quarterly figures.

After a loss of half a billion euros in the second quarter as part of the group restructuring, black numbers for the financial group as a whole have moved further into the distance for the full year 2021.

The bank's operating profit also missed the consensus estimate, wrote analyst Kian Abouhossein of the American bank JP Morgan.

The armaments company and auto supplier Rheinmetall achieved record results in the first half of the year.

However, this is offset by a further write-down in the course of the sale of the small and large piston business amounting to 110 million euros.

The company announced the figures on Tuesday in the last few minutes of trading.

The Rheinmetall title now gained 0.1 percent on Wednesday.

For the shares of Grenke it went up after the presentation of detailed figures for the second quarter by 4.4 percent. Analyst Philipp Häßler from the investment house Pareto spoke of a second quarter above expectations. The expert referred above all to the pre-tax profit, which was convincing due to higher sales and lower risk provisioning.