Dax continues upward trend – investors are waiting for inflation data

Dusseldorf The German stock market continued its upward trend on Thursday. One hour after the stock market opened, the German share index (Dax) was up one percent at 15,484 points. The Dax thus secures the important mark of 15,400 points – a positive sign, say the analysts. There have been no drastic downward course corrections in the past few days.

In the meantime, the index touched the level of 15,500 points in the morning, but was not able to hold it for the time being.

The conditions for a recovery of the stock exchange barometer are favorable: price gains in the banking sector had supported the mood on the stock exchange on Wednesday – the leading German index was 1.2 percent firmer at 15,328.78 points. 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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