The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The German stock market is looking up. At noon, the Dax is trading 0.7 percent higher at 15,255 points. On yesterday’s trading day, the leading index went out of trading with a minus of 0.3 percent at 15,147 points. The 15,000 point mark was successfully tested again on Tuesday, a positive sign.
Today’s daily high of 15,279 is remarkable. With such a quotation, the short-term downtrend has started to crack since the beginning of September.
So far, since the beginning of September, both the highest and the lowest prices have been falling on a weekly basis. But this trend has come to an end: the highest price last week was 15,266 points, 13 places below today’s high. That does not have to mean the starting signal for a resumption of the rally, but it does signal the first signs of easing on the markets.
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Further
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Further