German DAX continues to rise for 4 days

German stocks rose on Friday, recording a fourth straight day of gains, recovering all losses at the beginning of the week when US recession concerns caused global sales. *The decline from last weekend has not recovered.

The DAX index rose 0.3%, and it was well received that US employment statistics eased investors' concerns about the health of the US economy.

US employment statistics showed that the number of unemployment insurance claims declined more than expected, easing concerns about the deterioration of the labor market that began with disappointing reports on the number of people employed in the non-farm sector.

Since then, favorable economic indicators and comments that give a sense of security from senior US central bank officials have eased market unease.

Among individual stocks, Rheinmetall surged by nearly 4%, and Bonovia rose 2.1%, Siemens Energy by 2%, and Sartorius by 1.9%, respectively.

Also, LEG Immobilien rose 5% because losses in the second quarter were lower than expected.