Dax remains in the plus – first hopes of bottoming out

Dusseldorf After two trading days with a sell-off mood on the German stock market and an interim crash of more than 1000 points during this time, the situation calmed down again. At midday, the Dax rose by 0.6 percent to 12,906 points. The daily high is 13,106 points. The Frankfurt benchmark ended yesterday’s trading day two percent down at 12,834 points and thus 260 points lower.

Yesterday’s trading has given some hope of a bottom forming despite the losses at the close. The fact that the Dax has meanwhile turned positive again after a 650-point crash at the start is a first indication that the number of sellers who are simply throwing their shares onto the market without considering losses or valuations is gradually decreasing.

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