Dax treads water – professionals say goodbye to year-end rally

Dusseldorf The leading German index continues to consolidate in small steps. From its high in the past week, the leading index has fallen by only 2.5 percent at its peak. Today’s trading day does not change anything in this scenario. After the start, the Dax was practically unchanged at 14,255 points.

There are still 16 days of trading on the stock exchange this year. As a result, investors are focusing on the issue of the year-end rally, a continuation of the 2700-point rally since late September. Such a scenario would mean courses above 14,584 points towards the round mark of 15,000 points. In view of the significant price gains so far, it is difficult to believe in it.

Many private investors and professional investors also see it that way and have apparently abandoned the idea of ​​a year-end 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-11