Dax back over 12,000: The bargain hunters to grab on the stock exchange

The Dax is successful on Friday, the reconquest of the round mark of 12,000 points so far. He won against lunch of 1.29 percent on 12.124 points and shook off i

Dax back over 12,000: The bargain hunters to grab on the stock exchange

The Dax is successful on Friday, the reconquest of the round mark of 12,000 points so far. He won against lunch of 1.29 percent on 12.124 points and shook off its losses from the early trade, as he was dropped after his previous day, slipping below 12,000 points initially in the direction of 11,800 points. "There are a number of bargains now seem to be hunters in the market, the price weakness for acquisitions," said market expert Andreas Lipkow by Comdirect Bank.

the trigger of the Decline on the previous day was a gloomy economic forecast, the American Central Bank, the Fed. Add to that the fear of a second Corona-shaft, after it had been in the southern States in America recently a rise in infections. The stock exchanges in New York had suffered on the previous day's heavy losses.

In anticipation of a V-shaped recovery of the economy, a particularly rapid and steep recovery after a previously quick and rapid break-in, had investors pushed the Dax up to the last Monday until 12.913 points. Now, however, a strong reduction of 5.6 percentage points on the week view. On the market, the V will doubt-shaped recovery of the economy, in the meantime, again, it was from the Landesbank Baden-Württemberg.

ThyssenKrupp previous day's losses

The recent price correction in the Dax but this was still not a Negative Signal, but rather normal, commented the chart technology expert Andreas Büchler Index Radar. "A couple of points more Minus must be able to withstand investor but probably."

The MDax of the medium-sized German stock market values increased, similar to the Dax on Friday by 1.3% to 25.841 points. The Euro-zone leading index Eurostoxx 50 rose by 1.7 per cent.

In the Dax, the high volatility of the Lufthansa share continued also on Friday. They won among the best values in the benchmark index, a good five and a half per cent, had lost since the middle of the week but more than 20 percent. The shares of the engine manufacturer, MTU increased in percentage terms, of a similar order of magnitude, a fresh sell recommendation of Warburg Research Despite.

LUFTHANSA -- -- (--) Xetra tradegate London SE Int. Level 1StuttgartLang & black Frankfurt Switzerland OTCSchweiz OTCWienSchweizSchweiz 1T 1W 3M 1J 3J 5J For detail view

Defensive stocks were shunned. The papers of the dialysis provider Fresenius Medical Care (FMC) with a decline of 1.2 percent in the tail light in the Dax and slipped for the first time since April, clearly below the chart technically important considered 21-days-line for the short-term Trend.

Date Of Update: 12 June 2020, 15:20