The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The German stock market confirmed its strong form at the end of the week. In the first trading hour on Friday, the Dax was quoted virtually unchanged compared to the previous day at 16,025 points. On Thursday, the leading index marked a new record high of 16,064 points.
Friday trading could serve to ensure that the Dax processed the new record for the time being. Weak figures on the state of the industry came from Germany in the morning. Total production fell again compared to the previous month, this time by 1.1 percent. Production is currently still 9.5 percent lower than in February 2020.
However, this is unlikely to have any impact on the overall market. The stock exchange traders have long been aware of the shortage of preliminary products that is responsible for this. Based on the development on Thursday, there are therefore various scenarios – but it does not look as if the current market situation should cause investors to be uneasy.
Scenario 1: The Dax continues to rise for the time being
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