Frankfurt On the German stock market, the focus is once again on the round mark of 16,000 points. In the first hour of trading, the Dax was almost unchanged at 15,955 points.
The leading index had already tried to overcome the mark yesterday, Wednesday, but it was over at 15,994 points. At the end of trading there were 15,949 points on the display board on the Frankfurt Stock Exchange, an increase of 0.6 percent.
The Dax has been moving sideways in a range of 700 points for almost three months. Apart from the unsustainable jump to the record high of 16,427 points, the upside ended at around 16,300 points, while the range supported around 15,600 points on the downside. There is much to suggest that this range will remain the measure of all things in the coming trading days.
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