The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf After five consecutive days of losses, the Dax ended trading on Thursday with a small plus of 0.3 percent at the level of 15,918 points. The trading day was largely calm as the US stock exchanges closed for Thanksgiving.
The stock market barometer had already started its recovery course in the morning, but had to give up most of its profits again in the course of trading. On Wednesday yesterday, however, the Dax had lost 0.4 percent to 15,878 points.
Despite the price gains, the following applies: According to a technical analysis, the situation on the German stock market will only relax once the Dax has sustained over the 16,000 point mark again. But there are increasing signs that at least an end to the consolidation is imminent.
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