Dax rises to a new record high – private investors were smarter than domestic investment professionals

Dax curve

The leading German index has already reached several new record highs this year.

(Photo: Bloomberg Creative / Getty Images [M])

Dusseldorf The German stock market continues to rise. The Dax traded at 16,278 points in the first hour of trading, 0.2 percent higher than the previous day’s close. At the same time, the stock market barometer reached a new record with 16,288 points, the sixth in a row.

On Wednesday, the leading index closed unchanged at 16,251 points, but was able to mark the previous record high with 16,283 digits in morning trading.

Yesterday’s trading day showed a well-known phenomenon for the entire trading year: A low trading range that was only 45 points on Wednesday yesterday. Since the 16,000 meter mark was sustained on November 4, there has only been one trading day with a normal range. That was last Tuesday when there was a difference between the high and low point of 110 digits in the leading index.

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