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Frankfurt / Main (dpa) - The Dax reached a record high on Wednesday.

Just a few minutes after the Xetra launch, the leading index climbed above its old record.

Most recently, he won 0.96 percent to 14,174.16 points.

Investors look to the federal and state consultations on how to proceed in the corona crisis.

In the face of growing public pressure, Chancellor Angela Merkel promised a cautious opening strategy.

"The market participants are assuming that the German economy can be brought back to normal very soon," said market expert Andreas Lipkow from Comdirect.

This supports the Dax.

The MDax of medium-sized companies advanced on Wednesday by 0.61 percent to 31,955.79 points.

The leading Eurozone index EuroStoxx 50 gained 0.8 percent.

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