The leading German index is on a downward trend this year – despite the recent recovery.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf The situation on the German stock market continues to stabilize. After an interim increase to 12,920 points in morning trading, the Dax is unchanged at 12,812 points. After the sell-off on Thursday, last Friday was already the first day of stabilization with an increase of 0.2 percent and a final level of 12,813 points.
Due to the holiday in the US, sales are likely to remain low today. However, low sales do not mean low fluctuations. Especially on such days, just a few buyers or sellers are enough to move the market significantly in one direction or the other.
From a fundamental point of view, there are signs of relaxation in at least two of the three major problems that are weighing on markets worldwide. Inflation has slowly peaked and the strict lockdown measures in China have been eased.
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