The leading German index had reached several new record highs in the last stock market year.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf The mood on the German stock market is relaxed again, even if the Dax was down 0.7 percent at 13,365 points in the morning.
Yesterday’s trading day was very constructive and raised hopes for a calmer stock market phase. The high losses of around 560 points at the start of trading were clearly limited. Ultimately, the minus was only 0.7 percent with a final score of 14,461 points.
It was gratifying that the so-called “war rates”, the annual low of 13,807 points on the day after President Putin declared war, were no longer reached. Despite the entire trading session, the Dax remained well above the 14,000 point mark.
The forecast of the Handelsblatt survey Dax-Sentiment seems to come true. Sentiment expert Stephan Heibel said after evaluating the data at the weekend: “If there is no further escalation, the courses should have reached a panic bottom”. Many investors would see the current price level as a buying opportunity.
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