After two days of price recovery, the Dax struggled on Thursday shortly before the gates closed. At the end of a quiet trading day there was a gain of 0.13 percent to 16,031.59 points.
After two days of price recovery, the Dax struggled on Thursday shortly before the gates closed. At the end of a quiet trading day there was a gain of 0.13 percent to 16,031.59 points.
This means that November’s record high of 16,290 points remains within reach. The MDax of medium-sized stocks, on the other hand, fell by 0.26 percent to 34,793.22 points.
“Downward, the Dax is well supported by numerous buyers. But as soon as we get into the area of 16,000 (points), there are hardly any buyers who drive the market further up,” stated portfolio manager Thomas Altmann from QC Partners. The uncertainty about inflation and the pandemic is too great for most to enter at this level. Therefore, the last few meters to the record high of 16,290 points are likely to be the most difficult, especially since, in addition to the nervousness due to rising interest rates and the corona pandemic, there is a new influencing factor: the reporting season for the fourth quarter of 2021 starts on Friday with the major US banks.
Source From: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
