FRANKFURT (dpa-AFX) – The Dax continued its strong start to the week on Tuesday. Its record high of just over 20,500 points from mid-December is now within reach again.
The German leading index ultimately closed trading with a plus of 0.62 percent at 20,340.57 points. It thus clearly broke away from the 21-day line. In early trading, it had briefly slipped below this moving line, which signals the short-term trend. “But even a pullback to 20,000 points would be a warning signal, but would not necessarily mean the end of the bull market,” says market analyst Konstantin Oldenburger of CMC Markets, reassuringly.
However, according to expert Andreas Lipkow, market participants are currently still hunting for bargains, for example in the hope of an imminent calming of the US trade dispute or in the search for stocks related to artificial intelligence.
The MDax, which includes medium-sized stocks, rose by 0.43 percent…
