Dusseldorf Investors on the German stock market are cautiously returning to the buying side after the previous day’s price slide. The Dax closes 0.5 percent up on Thursday at 13,697 points. The daily high was 13,775 points. On Wednesday, the German stock exchange barometer closed two percent or 300 points lower at 13,626 points.
After a small winning streak, the leading index is moving more strongly back into the price spheres of the past week. But it’s common for investors to rake in profits during such periods.
The most recent rally – the Dax has risen by more than 1400 points since mid-July – seems to displease many medium-term investors. This is the conclusion reached by sentiment expert Joachim Goldberg after evaluating the weekly survey conducted by the Frankfurt Stock Exchange.
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