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16,600 points as the next price target

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Dusseldorf The German stock market continues to rise. The Dax climbed 0.5 percent in the first hour of trading and is trading at 15,879 points. The leading German index has marked four new annual highs in the past eight trading days. The new record this year is now 15,884 points.

The picture has changed significantly in a positive sense. After the first two highs for the year, there was still significant profit-taking on the same trading day, and the first time the Dax slipped further on the following day.

But last Wednesday, when the Dax climbed to 15,827 points according to the US inflation data and immediately dropped again, there was lively buying interest again the following Thursday. And on Friday, after its new high for the year, the Dax closed just over 30 points lower.

April is the best stock market month of the year

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