The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The German stock market started the new stock market week cautiously. In the first hour of trading on Monday, the Dax is almost unchanged from its closing price on Friday at 16,100 points. The daily high is 16,114 points, only nine points below the previous record.
At the beginning of the week, large price movements are unlikely anyway. There are few relevant dates on the part of companies and the economy. It is much more likely that the Dax will continue to work its way in small steps towards 16,200 points.
The leading index would build on the previous week. This was marked by a series of new record highs. The bottom line, however, was a week plus of a manageable 0.3 percent, after a gain of more than two percent the week before.
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