The leading German index had reached several new record highs in the last year of the stock market.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The German stock market is looking up at the start of the year. Today, Monday, the Dax closed 0.9 percent higher at 16,020 points. With today’s daily high of 16,069 points, the stock market barometer reached its highest level since November 22nd.
So after the year-end rally, can the Dax continue its upward trend from last year? If one believes the forecasts of the equity strategists, the stock market barometer could at least break another thousand mark this year, i.e. climb over 17,000 points. The Stoxx 600 already achieved a new record high on the first day of trading in the 2022 stock market year. The broad European share index advanced 0.6 percent to 491 points.
The expectation that today’s trading day would be quiet was refuted right at the beginning of the meeting. With the jump over the mark of 16,000 points, the focus is again on the record high, which is 16,290 points.
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