Leading index on course for recovery – Adidas share the biggest winner

Dusseldorf On Friday, the leading German index Dax equalized the losses it had accumulated over the week. The Frankfurt stock market barometer was up 1.3 percent at 15,941 points in the late afternoon. The Dax could thus close the fourth week in a row with a profit. Last Friday, the index ended trading at 15,922 points.

However, the Dax seems to remain in a sideways movement: Although eight highs for the year have been set since the beginning of April, the highs have only been increased by a few points, and profit-taking has always followed. On the downside, on the other hand, the willingness to buy always began before the 15,650 point mark. That was the case five times in the past six trading days alone.