Dusseldorf The German stock market is apparently benefiting from the ECB interest rate hike, which has provided clarity. On Friday morning, the Dax rose by 1.5 percent to 13,100 points, an increase of 200 points. In the last two trading days, the closing level was just above 12,900 points.
A decisive jump above the psychologically important mark of 13,000 points is a prerequisite for a more sustainable recovery. So far the development looks constructive. Although the stock market barometer managed to surpass this round mark immediately after the start of trading on Thursday, it slipped again just a few minutes later.
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