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Dax current: Pre-Christmas calm at the Dax – investors do not want to miss the year-end spurt either

Dax curve

The leading German index has already reached several new record highs this year.

(Foto: Bloomberg Creative/Getty Images [M])

Düsseldorf Shortly for the holidays, the stock market is calm. But miss the current year-end spurt, but still no investor wants. Accordingly, the Dax is quoted virtually unchanged in the afternoon at 15,453 digits. On Wednesday, the German benchmark index closed 1.4 percent higher at 15,447 points. The trading range today is only 60 meters.

This fear of missing the current year-end spurt on the stock market is also reflected in the two upward price gaps that were torn both yesterday, Tuesday and at short notice at the start of trading today, Wednesday. These gaps (technical jargon: “gap”) arise when the lowest point of the trading day is above the highest point of the previous day. So few investors are willing to sell at a suddenly higher level.

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Reference-www.handelsblatt.com

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