Dax falls into the summer slump – investors should plan to test the 13,000 point mark again

Dusseldorf After a weak start to trading, the German stock market is on the up again. The Dax rose by 0.5 percent on Wednesday afternoon and traded at 13,517 points. The next stop is at 13,570 points. There is the highest listing in the past six weeks and thus the high point of the 1100-point rally.

The sales on the first two trading days of this week have been particularly low so far. On average, 70 million papers are traded a day, last Monday and Tuesday there were only 56 million each. The approximately 25 million papers that changed hands by 2:30 p.m. today, Wednesday, are also below average.

This is an indication of the typical summer slump on the stock market. After all, August is the classic summer holiday month. Many institutional investors are on vacation, their books are closed.