The leading German index had reached several new record highs in the last year of the stock market.
(Foto: Bloomberg Creative/Getty Images [M])
Düsseldorf The German stock market is looking up at the start of the year. In the afternoon, the Dax is listed at 16,026 points, which is just under one percent up. On the last trading day in 2021, the German benchmark index closed 0.2 percent higher at 15,885 points. With today’s daily high of 16,067 points, the stock market barometer reached its highest level since November 22nd.
So after the year-end rally, can the Dax continue its upward trend from last year? If one believes the forecasts of the equity strategists, the stock market barometer could at least break another thousand mark this year, i.e. climb over 17,000 points. The Stoxx 600 already achieved a new record high on the first day of trading in the 2022 stock market year. The broad European share index advanced 0.6 percent to 491 points.
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