Dax climbs by more than 350 points

Dax curve

The leading German index has already reached several new record highs this year.

(Photo: Bloomberg Creative / Getty Images [M])

Dusseldorf The situation on the German stock market has eased significantly after the share price development on Wednesday. Because the Dax was able to establish itself above the psychologically important mark of 15,000 points.

The leading German index ended trading on the Frankfurt Stock Exchange 2.5 percent up at 15,473 points. On yesterday’s trading day, the German benchmark index had gone out of trading with a minus of 1.2 percent at 15,100 meters.

With the closing price on Wednesday, the Dax took a first important hurdle on the way up: It closed above the 200-day line, which is mainly observed by long-term investors. This line is currently trading at 15,395. You will interpret the fact that the index is trading above this level at close of trading as a first early buy signal.

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