Dusseldorf The German stock market continues to rise at the start of the week. In the afternoon, the Dax was up another 1.6 percent at 12,640 points, more than 200 points above Friday’s closing level. The leading index ended the past week of trading at 12,437 points, an increase of around 0.7 percent.
The Dax has already gained almost 800 points since its low for the year at the end of September – but the leading German index has not yet achieved much. Will these price gains be followed by a fourth bear market rally this year? This means an approximately six-week upward movement with prices well above 13,000 points, maybe even 13,500 points.
Private investors are very willing to invest
According to the current Handelsblatt survey Dax-Sentiment, the chances of further price gains in the next three weeks are good. Many retail investors are ready to buy, with investment sentiment climbing to its highest level since early March this year.
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