Dax continues to bottom out

Dusseldorf On the German stock market, the leading index continues to try to bottom out. The Dax rose by 0.4 percent to 14,206 points in the first hour of trading. The Frankfurt benchmark was already trading at 14,237 points before the market opened.

The stock exchange barometer ended yesterday’s trading day unchanged at 14,153 points. What was interesting about the course of trading was that below 14,000 points there is obviously a high level of buying interest. The Dax slipped below this round mark twice, but only for a few minutes. The daily low was 13,991 points.

Today’s price gains confirm the assessments of sentiment expert Stephan Heibel after evaluating the Dax-Sentiment survey of the Handelsblatt. “Positive developments or the mere absence of further negative reports could ensure rising prices,” he said yesterday, Tuesday. So far there has been no major escalation in the Ukraine war and the bond market is also taking a breather.