Dax lacks new impetus – TAG Immobilien slips significantly after dividend cancellation

Dusseldorf The leading German index can defend its price gains at a high level. But there is apparently no new impetus for the rally to continue.

In the first hour of trading, the Dax was listed at 14,355 points, down 0.2 percent. The leading index ended yesterday’s trading day with a final level of 13,380 points, down 0.4 percent. With a trading range of a good 100 points, trading on Monday brought few new insights.

For the rally to continue, the German stock exchange barometer must climb above the 14,457 mark, the previous high of the rally since September 28th. Since then, the index has climbed an impressive 2595 points, an increase of almost 22 percent.

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