Dusseldorf The German stock market is on the up again at the start of the week. The Dax rose by 0.3 percent in the afternoon and traded at 15,647 points.
With today’s high of 15,726 points, the leading German index was only eleven points short of a new high for the year. But from 12 noon the profit-taking started.
The current high of the year was reached last Tuesday with 15,736 points. The subsequent setback of around 250 points has so far been constructive because, according to the chart technology, important supports in the area of 15,300 and 15,400 points have not yet been reached.
On the other hand, a new high for the year should pave the way towards the 16,000 point mark. The leading index was last above this mark in mid-January 2022. Just above that is the record high of 16,290 points.
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