The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The leading German index cannot maintain its initial gains. The Dax lost 0.4 percent to 15,307 points on Thursday afternoon. Yesterday, Wednesday, the leading index closed 0.8 percent higher at 15,365 points.
From a technical point of view, the situation will only ease when the leading German index reaches 15,552 points. On the downside, investors should keep an eye on the 15,000 point mark, which is considered the last bastion to prevent a significant price slide.
On Wednesday evening last week, the US Federal Reserve initiated the tapering discussion, the scaling back of monthly bond purchases. Since then, the German benchmark index has moved little, but there have been significant fluctuations in the individual values.
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