Dusseldorf The German stock market remains in rally mode. In the afternoon, the Dax rose by a further 1.6 percent and traded at 12,846 points, an increase of 164 points. At the start of the week, the leading index closed 1.7 percent up at 12,649 points.
This means that the plus compared to the year’s low at the end of September, when the leading index slipped to 11,862 points, is already almost 1000 points at the top. With today’s trading day, the Frankfurt benchmark also marked a new monthly high with 12,859 points.
The current development corresponds to the scenario that sentiment expert Stephan Heibel developed after evaluating the Handelsblatt survey Dax-Sentiment. “Investors are not positioned for rising prices and run the risk of chasing the prices if there is no further setback,” he explained this Monday.
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