Dax continues upward trend – investors are waiting for inflation data

Dusseldorf The German stock market continued its upward trend on Thursday. In the morning, the German share index (Dax) was up one percent at 15,489 points. The Dax thus secures the important mark of 15,400 points. A positive sign, say the analysts. The signs point to recovery. There have been no drastic downward course corrections in the past few days.

The Dax keeps touching the 15,500 mark in the course of trading. However, he cannot keep them in the long term. LBBW analyst Rolf Schäffer assumes “that the market participants’ acute fear of a systemic crisis will continue to subside, but will not disappear entirely.”

The conditions for sustainable growth of the Dax are favorable: price gains in the banking sector support the mood on the stock exchange. The shares of Deutsche Bank and Commerzbank also started today’s Thursday with a slight plus of two percent and 2.8 percent respectively.

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