Investors should look out for several factors that signal a turnaround.
(Photo: Reuters)
Dusseldorf For the time being, easing is the order of the day on the German stock market. The Dax gains 1.5 percent in the morning and is trading at 15,362 points. On Monday it went down 2.3 percent to 15,132 points.
Despite the high losses, there was also positive news on yesterday’s trading day. The mark of 15,000 points was held, the daily low was 15,019 points. It was the lowest price since mid-May of this year.
But investors shouldn’t count on the 15,000 point mark to hold in the coming days and weeks. Because the ongoing consolidation is still young. It can be over at any time, but it is unlikely that it will end quickly after just two days.
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