Dax on course for recovery – professionals say goodbye to new records

The Dax started the trading month of June with a plus. In the first hours of trading, the leading German index rose by 0.7 percent and traded at 15,780 points.

Yesterday, Wednesday, the stock market barometer slipped to its lowest level since mid-April at 15,629 points, the closing price was 15,664 points, a minus of 1.5 percent.

This means that the time when the Dax was sedentary should be over. After the stock exchange barometer moved in a trading range of only two percent for five weeks, the radius of movement since the record high almost two weeks ago is already 4.3 percent. However, a new direction cannot yet be read from the increased fluctuations.

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