Dax takes a breather – restart with the pros doesn’t stand in the way of rally continuation

Dusseldorf After three trading days, the German stock market is calm with significant price gains. The Dax is down 0.2 percent in the morning and is trading at 14,460 points.

In the first three trading days of the 2023 stock market year, the leading German index climbed 570 points and ended trading on Wednesday at 14,491 points, an increase of 2.2 percent and more than 300 points.

But this Thursday it should be quieter. Such high profits paired with an extremely high trading volume lead to the conclusion: Both the interest in buying and the buying pressure not to miss a rally are likely to subside for the time being.

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