Dax benefits from positive specifications – short-term stalemate on the stock market

Dusseldorf There is a lack of movement on the German stock market this week. The Dax remained unchanged at 15,074 points on Thursday afternoon.

The indications from the USA and Asia were generally positive: on Wall Street, the most important indices still caught up on their interim losses. In Hong Kong, the Hang Seng index rose to its highest level since early April 2022 on the first day after the Lunar New Year. Japan’s Nikkei hit its highest level in seven months. But the significant drop in the price of the index heavyweight SAP as a result of the new quarterly figures is slowing down the Dax.

With minimalist means, the Dax has managed to establish itself above the 15,000 point mark in the past few days. The range between the high (15,152) and low (14,970) for the week is just 182 points. This is very low level over four trading days. The trading volume is also correspondingly below the average of the past few weeks.