Dusseldorf The German stock market started a brilliant recovery rally on Tuesday. In the afternoon, the leading index Dax is up 3.7 percent or around 458 points. After a friendly start to trading in the USA, it rose to 12,667 points.
After the Frankfurt stock exchange barometer had reached a new low for the year last Wednesday, it has already gained more than 750 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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