The leading German index closed yesterday in the red. Prices recovered somewhat this Tuesday.
(Photo: Image)
Düsseldorf After four trading days in a row with significant losses, the situation on the German stock market calmed down at the start of trading. Of the Dax initially gained more than 200 points to 15,396 points, then slipped below 15,300 points and traded again in the afternoon at 13,412 points, a minus of 0.1 percent.
The stock market barometer is thus below the 13,500 point mark for the second day in a row and has slipped below the low point of May, which is 13,380 points. This low was successfully tested yesterday Monday, which indicated a short-term bottoming out.
But now there is a risk of further price losses. If the leading index does not turn up again quickly, the psychologically important mark of 13,000 points will come into focus. Below that is the year-to-date low of 12,438 points.
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