Dusseldorf The German stock market is again showing a friendly trend. The Dax closes 0.3 percent up at 14,397 points. Yesterday’s trading day ended with a minus of 0.2 percent and a final reading of 14,355 points.
A price slide in morning trading was noticeable without there being a reason for it. Within a quarter of an hour, the Dax slipped by 100 points, from the daily high of 14,487 points to 14,383 points. The Frankfurt benchmark then stabilized again.
The German leading index delivered at least partially good news on Tuesday: The Dax remained six points above the low of the previous week, which is 14,321 points. Thus, the index has at least provisionally fulfilled the first part to confirm the eight-week rally.
The second part for a continuation of the upward movement on a weekly basis is likely to be more difficult. For this, the stock market barometer would have to climb above the high of the previous week, which is 14,571 points.
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