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Frankfurt Stock Exchange: Dax just below record high

Frankfurt Stock Exchange: Dax just below record high

The Dax has remained close to its record level. Shortly after the opening, it was up 0.08 percent at 18,398.50 points, just a few points below the previous day’s record. The MDax of medium-sized companies fell by 0.05 percent to 26,858.17 points. The Eurozone leading index EuroStoxx 50 was also barely changed.

The Dax has remained close to its record level. Shortly after the opening, it was up 0.08 percent at 18,398.50 points, just a few points below the previous day’s record. The MDax of medium-sized companies fell by 0.05 percent to 26,858.17 points. The Eurozone leading index EuroStoxx 50 was also barely changed.

Before the long Easter weekend, analyst Jochen Stanzl from broker CMC Markets urged caution. He referred to the publication of the inflation indicator, which is important for the US Federal Reserve, on Good Friday, when the stock markets are closed and share prices can only react to this after Easter. This means there is a risk of a price gap over the long weekend. Stanzl therefore believes it is possible for investors to take profits beforehand.

Source: Stern

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