Dax is in the black

Dusseldorf A decision on the medium-term direction is looming on the German stock market in the coming trading days. Either the DAX will rise above the 16,000 point mark in the near future, which would be an important prerequisite for a new rally phase. Or the leading index breaks the lower support zone of 15,450 points, which should signal further price losses.

This Monday, the Dax was trading at 15,795 points in the morning, an increase of 0.4 percent compared to Friday’s closing price. At the end of the last trading week, the stock market barometer ended its five-day losing streak with a price increase.

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