Dax closes with hardly any changes – convertible bond causes Rheinmetall share price to slide

Dusseldorf On the German stock market, the focus is once again on the 15,000 point mark. As on the previous day, the Dax slipped below this round mark for a short time during trading on Tuesday, but immediate interest in buying caused the Dax to climb again. In the end, the leading German index closed with little change at 15,128 points.

However, the Dax remains in its roughly two-week trading range with 14,906 points on the lower and 15,270 points on the upper side. It is likely that only the results of the US central bank meeting, which will be announced on Wednesday evening after the close of trading, will bring new impetus to trading.

Technical indicators support this view. According to Martin Utschneider, head of technical analysis at private bank Donner & Reuschel, there is “no reason to panic”.

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