With the Dax, the focus is on the 16,000 point mark – why professionals should prevent further price losses

Dax curve

The leading German index had reached several new record highs in the last year of the stock market.

(Photo: Bloomberg Creative / Getty Images [M])

Dusseldorf After yesterday’s sell-off, the focus on the German stock market is on the 16,000 point mark. In the first hour of trading, the Dax is quoted at 15,967 points, a minus of 0.5 percent. The short-term slide below this round mark yesterday, Thursday, was not a slip-up. The Dax fell on Thursday in the course of the opening on Wall Street to 15,088 steepnesses, but ended the trading day at 16,052 places, a minus of 1.4 percent.

The Dax has so calculated from the record high at the top by around two percent. A rather small consolidation so far, only the dynamism is surprising. With a high trading volume of 75 million papers and a maximum minus of almost 300 points, it was a real sell-off yesterday.

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