Why the leading German index can continue to soar

Trading room of the Frankfurt Stock Exchange

A lack of investment alternatives could be a reason for prices to continue to rise.

(Photo: Tim Wegner / laif)

Frankfurt It doesn’t look like euphoria, but the Dax could create triple-step records again in the coming week. Numerous good company quarterly figures have recently repeatedly given investors confidence.

In the past week, the leading German index climbed new records up to 16,122 points. The bottom line, however, was only a small plus of just under 0.3 percent. In the USA, the leading indices ended with a small weekly minus in view of the continued rise in inflation. In view of the many ongoing negative factors for the markets, investors are cautious and are happy to secure price gains from new record highs. But the bottom line is that equity experts expect a year-end rally.

“The outlook for the stock markets remains good,” says Robert Greil, chief investment strategist at Bank Merck Finck. As a year ago, hopeful economic prospects, ample central bank liquidity and the prospect of fiscal measures drove prices.

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