The leading German index had reached several new record highs in the last year of the stock market.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The German benchmark index has said goodbye to its ambitions to a new record high and even slipped below the 16,000 point mark after opening on the US stock exchanges. The Dax is currently listed again at 16,038 digits, a decrease of 1.4 percent.
On Wednesday yesterday, only five points were missing to reach the German share barometer’s current record of 16,290 points. At the close of trading on Wednesday, the leading index Dax was up 0.7 percent at 16,271 points.
The setback in the Dax should not surprise any investor. In just eleven trading days, the index has risen by more than 1200 points. During this period there was only one trading day that ended in a minus.
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