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 starts an attempt to recover at the start of trading. The leading index rose by 1.8 percent to 12,620 points in the first hour, an increase of 220 points.
Can the stock market barometer keep these gains? Because on the two previous days, the stock market barometer slipped back into the red. And last Tuesday there was also a sale. The Dax lost 370 points and slipped to a new low for the year, which is now 12,390 points.
Investors don’t experience a trading range of 480 points like yesterday’s Tuesday every session. 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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