The leading German index had reached several new record highs in the last stock market year.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf On the German stock market, the 16,000 point mark is within reach again. After a turbulent trading day, the Dax closed 0.65 percent higher at 15,912 points on Thursday. That was also the highest level of the day.
The stock market barometer has thus returned to its trading range of the past week, which is between 16,000 points on the top and around 15,800 points on the bottom. However, investors should only hope for a continuation of the rally if the Dax can overcome the high of 16,090 from the previous week. Then a new record high should come into focus again, i.e. prices above 16,290 points.
The trading range was also relatively large at 175 points on Thursday. Unlike the two days before, the Frankfurt benchmark did not fall to a new low for the year in what was still a young stock market year. This provides new support, especially from a technical point of view.
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