Dax gives up profits again quickly – upside potential remains limited

Dax curve

The leading German index had reached several new record highs in the last stock market year.

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

Dusseldorf The initially friendly mood on the German stock market quickly ended. After rising to 15,229 points at the start of trading, the Dax slipped and was only 0.3 percent up at 15,149 points. A US labor market report that was disappointing for the stock market caused the leading index to slip by 1.8 percent last Friday. The final score was 15,099 points. The area of ​​15,000 points thus remains in focus.

The Dax follows a week in which there were different signals. The positive: The leading German index always remained above the 15,000 point mark. In the last week of January of this year, the Dax slipped below this round mark twice for a short time, and the low for the year is now at 14,952 places.

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