Dusseldorf The rally on the German stock market continues. The Dax climbed another 0.8 percent in the morning and was quoted at 14,253 points. Yesterday, Thursday, after a fall in US inflation, there was a price jump and the leading index ended trading at 14,146 points, an increase of 3.5 percent or the equivalent of 480 points.
With today’s price gains, the Dax is entering the bull market phase again. This required a course of 14,234 points, which means a plus of 20 percent since the low point. A 20 percent surge is the classic definition of a bull market. Anyone who had predicted such an increase after the annual low of 11,862 points at the end of September would have been wearily smiled at, to say the least.
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