4.1 C
London
Wednesday, February 12, 2025

Dax stays at 12,300 points – bargain buyers stabilize the market

Date:

Related stories

Child Psychiatrist Winterhoff Faces Allegations as Court Proceedings Commence

Renowned child psychiatrist Michael Winterhoff is on trial at...

Is it Possible to Get the Flu More Than Once in One Winter? Insights from a Virologist

The current influenza epidemic is showing signs of slowing...

Unmatched Exercise for Muscle Strength, Endurance Boost, and Rapid Fitness Transformation

Inclined walking on treadmills is an effective alternative for...

Title: Why Delaying Real Estate Purchases May Not Yield Significant Savings

Alexandre Roos is pursuing homeownership in Téteghem, monitoring falling...
- Advertisement -

Dusseldorf At the start of the new week, the German stock market oscillates around the close of trading on Monday. The leading index Dax was slightly up at around 12,300 points in the morning. On Friday, the Frankfurt stock exchange barometer closed almost two percent lower at 12,284 points and set a new low for the year at 12,181 points during the course of the day.

The Dax has thus fallen to its lowest level since November 2020. Jörg Scherer, technical analyst at HSBC, currently sees a downward trend-confirming price pattern: “The next important support will only come in the form of the October 2020 low at 11,450 points.” At that time, the breakthrough in a corona vaccine triggered a price rally .

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

source site-14

Latest stories