The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The phenomenon of weak Fridays is apparently spreading on the German stock market. For the third Friday in a row, things are going downhill. On today’s trading day, the Dax is down 0.2 percent in the morning and is listed at 15,602 places.
A week ago, the leading index at the end of trading was down 0.61 percent at 15,170 points and on Friday two weeks ago there was a sell-off of 660 points due to the new Omikron virus variant.
With today’s opening prices, the breather continues for the third day in a row after the interim high of 15,834 points. This means that the Frankfurt benchmark is slipping in the direction of important support, which it would be better not to give up. This area is mainly formed by the 200-day line, which is currently at 15,450 index counters.
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Continue
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Continue