After the strong recovery the day before, the German leading index will not jump too big on Friday. The witch’s sabbath is in view.
The DAX started the Friday trade 0.21 percent higher at 23,723.34 points. In the further course, he commutes at the level of the day of the day.
All -time high of the DAX
On July 10, the German leading index reached a new record high at 24,639.10 points. So far, the highest closing course in the DAX history is 24,549.56 points.
September decay day
The German leading index is heading for a mixed end of the week on Friday. Thanks to the profits of Thursday, the weekly balance sheet is almost balanced.
However, the expiry day on the appointment exchanges could cause additional fluctuations during the day. “September decline is one of the large four decay dates a year,” said market observer Thomas Altmann from the asset manager QC Partners. On such days, share prices and indices can significantly refuse without new messages, since many investors their derivative positions.
In the further course of the trade, the focus is then on the Wall Street and the question of whether the record rally on the US-Leit indices continues.
Redaktion finanzen.net / dpa-fx / Dow Jones Newswires