Dax is recovering more strongly: index closes significantly above 12,000 points

With an increase of 1.19 per cent, at 12.127,69 points, he went out of the trade. Thus, the German leading index is now back above the line, marked since the en

Dax is recovering more strongly: index closes significantly above 12,000 points

With an increase of 1.19 per cent, at 12.127,69 points, he went out of the trade. Thus, the German leading index is now back above the line, marked since the end of 2018, its parent upward trend. DAX 12.127,69 PTS. +142,30 (+1,19%) Xetra

  • 1 day
  • 6 months
is the rate of data

His loss since its record high a little more than two weeks, however, still 12 percent. The MDax advanced on Wednesday to 0.75 per cent on 26.091,33 points, and also in Europe, the stock exchanges closed in Plus. The AI-controlled Sentiment Index BDX gained 0.09%.

Analyst sees more "soil formation in the Dax"

Temporarily depressed mood, that Italy is considering due to the novel Coronavirus to close all schools until mid-March. The soil formation in the Dax have continued, said Analyst Jochen Stanzl from CMC Markets. Shortly after the surprising and also the strong reduction in interest rates by the US Central Bank (Fed) kind of pessimism in the United States had been pushed to the middle of the week, once "set aside". Currently, the hope is to have a supportive effect of this measure prevails, even if the markets would probably prefer a vaccine.

Critically, however, the experts at Credit Suisse recommend investors in the current market situation, a neutral tactic remained. The Virus has proved to be a persistent step of the Fed is not likely to be sufficient to prevent a downturn in the economy. The Calls for further fiscal incentives are likely to be louder.

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hyo/dpa
Date Of Update: 05 March 2020, 00:00

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