The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf On the German stock market, investors cannot complain about the lack of movement in prices. Within an hour, the Dax slipped 250 points to the daily low of 15,866 points.
After that, the bears and the bulls fought among investors to interpret this sell-off: Was it just a slip-up or the end of the current year-end rally?
One hour before the close of trading, it was clear which investor group would prevail. The Dax was able to reduce the minus significantly, but was recently still 0.8 percent in the red at 15,974 points, a minus of 0.8 percent.
The decision about the psychologically important mark of 16,000 points for today’s trading day has not yet been finally made. The Dax was quoted above the range for almost two weeks, previously the index fluctuated for several months in a sideways range between 16,000 points on the top and 14,800 points on the bottom.
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