Dusseldorf On Wednesday, the Dax continued to rise. In the morning, the leading index was up 1.2 percent at 15,323 points. “The market seems to be waiting for the next impulse,” said Commerzbank analyst Antje Praefcke.
The Dax is showing signs of recovery, but it’s still too early to speak of a sustainable trend reversal, says Jochen Stanzl, chief market analyst at CMC Markets. The market will probably only dare to attack the chart-technically important mark of 15,300 points with good news about inflation – “or not if hopes are disappointed.”
On Tuesday, the Dax had given back its initially significant gains and closed 0.1 percent up at 15,142 points. Real estate values in particular were under pressure on Tuesday.
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