Dusseldorf The German stock market started a brilliant recovery rally on Tuesday. At noon, the leading index Dax is up 3.2 percent or almost 400 points and is approaching the 12,600 point mark. The daily high is 12,597 points. After the Frankfurt stock exchange barometer had reached a new low for the year last Wednesday, it has already gained more than 700 points.
Bargain hunters made the start on Friday and Monday, using the meanwhile more favorable valuations to make purchases. This puts other potential buyers under pressure, who are now faced with the decision to buy or to speculate on another setback – combined with the risk of having to pay even higher entry prices if this setback does not occur.
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