In the German stock market and also across Europe, investors remained confident on Monday. The 50-day average line holds.
At the start of the trade, the DAX made a profit from 0.44 percent to 22,339.89 points. In the further course, it stays on green terrain and is still expanding the serves.
The daily high of Friday at 22,318 points has been overcome at the start of the trade, and so the hope that the German stock exchange barometer will now succeed in permanently stating over the 50-day average line. This line currently runs at 22,215 points and signals the medium -term trend in terms of chart technology. But that shouldn’t be easy, because the resistance in this area is considerable. “The upward urge to go in thin air,” wrote the experts from Index-Radar.
On March 18, the German leading index had reached a new high with a view to the Bundestag vote on the financial package at 23,476.01 points. The DAX ended March 6th at 23,419.48 units – with a new all -time high at the final course basis.
Easy monthly plus for the DAX
According to the violent turbulence this month because of the US customs conflict, which had cost almost 17 percent in the meantime, the index is now easy again. From the monthly low at 18,489 points, he recovered by more than 20 percent. At the record high of 23,746 points, the German leading index is currently missing almost seven percent.
How far does the rally wear?
The big question is how far the current rally could run, portfolio manager Thomas Altmann from the asset manager QC Partners stated. For the DAX, the question is whether other buyers come into the market who believed that the previous record highs quickly reached. He makes caution for the further course, because statistically speaking, April has long been the best Dax month throughout the year.
Trump’s tariffs remain uncertainty factor
“With every new” tweet “by US President Donald Trump, the mood on the stock exchange could tip over again,” warns capital market strategist Jürgen Molnar from Robomarkets. China in particular continues to face the man in the White House, shows him the claws and lets him flash. Trump shouldn’t put up with that for long.
Redaktion finanzen.net / dpa-afx
The MDAX of medium -sized companies increased by 0.38 percent to 28,402.66 points at lunchtime. For the Eurozone-Leitenindex EuroStoxx 50, it was 0.56 percent up to 5,183.07 points.
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