Frankfurt / Main (dpa) - After the brilliant start in June, the Dax shows no signs of fatigue. From the start, the leading index strengthened the 12,000 point mark that it had recaptured the previous day.

In the first hour of trading, he even increased his profits somewhat, most recently he gained 1.67 percent to 12,221.54 points.

"The traffic light remains clearly green, and the bulls are now likely to become even more courageous after jumping over the psychologically important brand," explained market analyst Milan Cutkovic from broker AxiTrader. There is still hope among investors for a rapid economic recovery from the Corona crisis. The MDax rose by 1.02 percent to 26,346.41 points. The leading Eurozone index, EuroStoxx, rose 1.32 percent to 3,200.64 points.

After the rapid price increase on the previous day, the three car manufacturers in the Dax continued to climb, BMW, for example, rose again by almost three percent.

Daily headlines again come from Lufthansa - this time with quarterly figures marked by a loss of billions. CEO Carsten Spohr announced a far-reaching restructuring, but without giving more details on the job cuts. After the recent rally in stocks up to the € 10 mark, stocks reacted above the market, as shown by an increase of 2.4 percent.

Following a positive analyst comment, BASF shares were ahead with a three percent increase. Jefferies expert Laurence Alexander is now advising to buy the paper because of better prospects in the corona crisis.

However, Infineon became the leader in the leading index with a price jump of four percent. According to traders, the US company Microchip continued to create good spirits in the entire chip industry with an increased sales and profit outlook. In the SDax, Elmos' papers advanced as best in class by as much as six percent. The papers from the wafer producer Siltronic and the machine manufacturer Aixtron each gained around three percent in the expanded sector.

In the MDax, the 3.3 percent higher securities of the real estate group Aroundtown remained in demand due to the ongoing share buybacks. The previous day they had already received a powerful tailwind from the announcement. From this Wednesday until the end of the year, the Luxembourgers now want to buy back their own shares for half a billion euros.