Dusseldorf The US banking crisis is fading into the background on the German stock market. As a result, prices stabilize and the Dax is listed at 15,203 points in the first hour of trading on Wednesday, a drop of 0.2 percent.
Yesterday, Tuesday, the leading index closed at 15,233 points, an increase of 1.8 percent. The high trading volume of over 100 million shares traded was also pleasing on yesterday’s trading day. The average over the past four weeks is 75 million shares changing hands.
The leading index is now moving in the technical no man’s land, is back in the sideways phase from the beginning of February to the beginning of March. Neither the upward breakout with the annual high of 15,706 points nor the price slide to 14,887 points on Monday of this week caused a trend reversal. It is therefore unclear where the German stock market barometer is headed.
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