Dusseldorf The mark of 16,000 points remains the measure of all things on the German stock market. Even today, Tuesday, the Dax remains just above with 16,053 points. That’s hardly a change from the previous day’s closing price.
Yesterday, Monday, it fell below this round mark for a few minutes, but new buyers pushed the leading index back above 16,000. The mood on the floor is therefore still optimistic, the all-time high remains within reach, which was reached in mid-June with 16,427 points.
However, the leading German index must first overcome the previous July high of 16,209 points in order to think of the record high. For Jörg Scherer, technical analyst at HSBC Germany, the horizontal zone between around 16,185 and 16,210 points still represents resistance before the all-time high.
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