Top managers are increasingly taking profits after the recovery rally

Frankfurt The recovery rally on the German stock market continued in November. The Dax gained 8.6 percent in the past month and closed on Wednesday, the last day of the month, at 14,397 points. The leading German index had been in the black for more than eight weeks.

At the same time, a trend began that can often be observed in such phases: Germany’s executive and supervisory boards increasingly used the rising prices to sell shares in their own companies.

Overall, the top managers on the stock exchange have become somewhat more active than recently. This is shown by the monthly evaluation by Professor Olaf Stotz from the private university Frankfurt School for the Handelsblatt: In November there were larger purchases and sales to be observed.