Dax establishes itself above the 15,000 point mark – but the downward trend remains intact

Dax curve

The leading German index has already reached several new record highs this year.

(Photo: Bloomberg Creative / Getty Images [M])

Dusseldorf At the end of the week, the German stock market went downhill. In the first hour of trading, the Dax yields 0.2 percent and is quoted at 15,220 meters. The leading index ended yesterday’s trading day 1.8 percent up at 15,246 points.

The leading German index has re-established itself above the 15,000 point mark, which is a positive sign. The fact that sales have recently been above average and the recovery in recent days has been accompanied by massive purchases is also encouraging.

Over 76 million papers traded on Thursday and more than 96 million pieces on Wednesday are high numbers. Since the beginning of the year, an average of only 64 million shares have been sold and bought every day. For Thomas Altmann from the investment house QC Partners, one thing is certain: “If these buyers hold on to the shares they have just acquired for a longer period of time, then a continuation of the recovery is possible”.

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