The leading German index is on a downward trend this year – despite the recent recovery.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf For the third day in a row, the Dax is trying to recover. The leading German index rose in the morning by 1.3 percent to 12,556 points, an increase of 155 points. The daily high is 12,668 points.
Can the stock market barometer hold these gains? On the two days before, the stock market barometer then slipped back into the red. A clear sell-off followed in trading on Tuesday. The Dax lost 370 points and slipped to a new low for the year, which is now 12,390 points.
The trading range on Tuesday was 480 points. Investors rarely experience such a range. Accordingly, according to the daily survey on the development of today’s trading day on the Handelsblatt website, two thirds expect a negative course.
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