Dax cracks legendary 20,000 points - Rally in the stock market!

Dax cracks legendary 20,000 points - Rally in the stock market!

Deutschland - The German stock index Dax has reached a historical brand and exceeded the 20,000 points for the first time. On Tuesday, the DAX rose up to 20,017 points in early trade, which corresponds to an increase of 0.4 percent. This impressive Rally, which began two weeks ago, continued to cause a stir on the international stock exchanges, such as Oe24.at reported. In addition, the MDAX, which represents the medium -sized companies, grew 0.5 percent to 26,425 points.

A striking increase of almost 1.6 percent the day before increased trust in the market. Martin Utschneider, Chartanalyst at Finanz ethos, described this development as the "outbreak" of the DAX and referred to the current signs that indicate a possible year of the year. However, this positive mood is steamed by strategic analysts from the automotive industry, since both UBS and Barclay's negative reviews for Mercedes-Benz published, which led to a decline in the share by 1.6 percent. In contrast, BMW benefited from a purchase recommendation from UBS and won 1.4 percent, while Porsche also reacted with a slight plus, despite a mixed rating of Barclays and UBS, such as SPIEGEL.de

The successes of the DAX could potentially lead to further investments, while analysts observe the future market development carefully. The negative assessment for Mercedes-Benz in particular ensures that investors remain careful while keeping the other large automotive values in mind. A positive comment from the Bank of America for Hochtief also led to an increase of five percent and shows that individual companies can continue to ensure movement.