The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf Yesterday’s comeback continues on the German stock market. The Dax rose by 1.2 percent to 15,148 points at noon. Yesterday, Wednesday, the leading index had a turbulent roller coaster ride. After a slide to 14,818 points, it climbed back above the 15,000 point mark and finally went out of business with 14,973 positions, a decrease of 1.5 percent.
With yesterday’s low of 14,818 points, the Frankfurt benchmark was exactly at the lowest point in the past five months. This is why this area is of great importance from a technical point of view.
With the closing level below 15,000 points, further price losses seemed inevitable. Because this round brand is like a “front line” between bulls and bears – and the area has been tested again and again in the past few days.
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