Dusseldorf Although summertime provides few trading impulses, the Dax remains above the 16,000 point mark. In the early Tuesday afternoon it was listed at 16,079 points. That’s hardly a change from the previous day’s closing price.
Although it fell below the psychologically important mark for a few minutes yesterday, Monday, new buyers then pushed the leading index back above 16,000. The mood on the floor is basically optimistic.
However, if this optimism does not manifest itself in concretely rising prices, the upward trend that has accompanied the stock market since March could end in July. By definition, the trend is up when a new high is made each month and the low is higher than the previous month.
Admittedly, the challenge for July is great. Because in mid-June, the Dax reached a new all-time high of 16,427 points. The Frankfurt stock exchange barometer must now overcome this – without the news situation providing much impetus.
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