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ROUNDUP / Aktien Frankfurt opening: Dax little movement – 16,000 points in view

Wednesday, 11/24/2021 10:24 AM from

dpa-AFX

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Bull in front of the entrance to the Frankfurt Stock Exchange. © Nikada / iStock Unreleased / Getty Images Plus / Getty Images

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FRANKFURT (dpa-AFX) – After a setback below 16,000 points, the German stock market stepped on the spot on Wednesday. The Dax After one hour of trading, it was just under minus 0.08 percent at 15,924.41 points, after having dropped to a low of 15,866 points the day before. A hoped-for return over the 16,000 points did not materialize. The leading index also remains at a distance from the latest record of 16,290 points.

Investors positioned themselves waiting in front of a series of economic data, because starting with the Ifo business climate, the daily agenda is packed to the mid-week. In the afternoon, the day before “Thanksgiving”, a lot of US data accumulates and in the evening the minutes of the most recent US Federal Reserve meeting follow. In the opinion of Credit Suisse, this is likely to be viewed critically due to the reduction in the exit of the securities purchases that have been made.

However, the Ifo was initially unable to give the Dax any impulses in the morning. If you believe the chart technicians from Index-Radar, a sustainable stabilization of the leading index is not yet guaranteed. “There are still too few clues to give the all-clear,” wrote the expert Andreas Büchler.

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