Dax starts with price gains – investors can look forward to a calm to friendly trading day

Dax curve

The leading German index is in a downward trend this year.

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

Dusseldorf At the end of the week, the markets around the world calmed down. The yield on government bonds is falling significantly again, and the price of gold is also rising this Friday after a week of heavy trading. Even the volatile cryptocurrency Bitcoin is climbing back above the $30,000 mark after a dramatic decline.

With so many stabilizing tendencies, the leading German index is also making its contribution. At noon, the Dax climbed 1.4 percent to 13,927 points. The leading index ended yesterday Thursday down 0.6 percent and closed at 13,739 points.

Yesterday’s trading was a so-called “pullback”, which can often be observed. As a sort of confirmation, the Dax fell back to the 13,500 point mark and then continued to rise again.

With today’s trading day, the German stock exchange barometer can stop its five-week loss streak. To do this, the index would have to end the session above Friday’s closing level of 13,674 points.

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