Dusseldorf A directional decision is imminent on the German stock market. Is it heading towards a record high again, or is the Dax likely to start a long-awaited correction? As of today, Tuesday, the leading index has not yet shown a uniform direction. After a slight plus in the morning, the Dax then slipped slightly again. At the close of trading, the leading index was 0.3 percent lower at 15,909 points.
For Martin Utschneider, technical analyst at the private bank Donner & Reuschel, “the beginning of the week will show in the short term where the Dax journey could lead in the medium term”. The trading day on Monday was of little significance. The US stock exchanges were closed and the German stock market barometer ended trading on Whit Monday with extremely low turnover of 0.2 percent down at 15,952 points.
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