MUNICH, Germany, Oct. 25 (Xinhua) -- Germany's leading DAX index skipped the mark of 9000 points for the first time on Friday.
The DAX index rose temporarily by 0.25 percent to 9003 points at noon. Then the Dax fell slightly to around 8999 points.
DAX, the most important German stock index, sets a new record by passing the mark of 9000 points for the first time in its history.
It is a historic day for the financial world, German media Spiegel Online said.
The stock market is driven by cheap money from the central banks, and economic experts predict a further positive development, according to Spiegel.
At the same time, investors put good economic data on the strong economic growth in China.
The stock index has had a steep climb. In September 2011, it sank under 5200 points because of the turmoil of the euro crisis. Since then, it goes almost unbroken upward, this year alone by more than 18 percent.