Dusseldorf After a turbulent week, a conciliatory conclusion is emerging on the German stock market. The leading index Dax was up 0.7 percent on Friday morning at 15,068 points and can thus clearly limit its weekly minus. The biggest winners on Friday are the shares of Deutsche Bank and Commerzbank.
As of early Thursday afternoon, the index had marked a two-month low of 14,664 points. Since then, the situation on the market has stabilized. The Dax rose by three percent.
The decline in the VDax volatility index also shows the relaxation – it shows the price fluctuations that professional investors expect. Since the high for the year on Thursday, the VDax has fallen by more than 20 percent to 23.2 points. It is therefore not far from a value of 20, which signals a calm phase in the stock market.
The development – price recovery and lower expectations for price fluctuations – can be attributed to two factors.
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