DAX-FLASH: Leading index picks up again after setback

FRANKFURT (dpa-AFX) – The Dax (DAX 40) quickly shows a reaction again after the weaker Tuesday in the middle of the week. The broker IG valued the leading index around two and a half hours before the start of trading a good half a percent higher to 14,460 points. Orientation mark upwards is initially the weekly high at 14,589 points. The exponential 200-day line is currently waiting at 14,723 points as a longer-term trend barometer.

On Wall Street, after the end of trading in Europe, not much happened on balance, and there are no strong impulses coming from Asia either. Meanwhile, the specifications for the Dax heavyweight SAP are good after the stock price of the competitor Salesforce jumped by around 9 percent in after-hours US trading. The triggers were more optimistic profit targets for the year as a whole./ag/stk

ttn-28