Wed, 05 Oct 2022 11:39:28 GMT
German stocks reach below 12,000.00
During late September trading, the German top 40 stock index reached below the 12,000.00 mark. However, on the first day of October trading a sharp recovery occurred. By October 5, the equity index had reached the August low levels near 12,600.00/12,650.00.
An extension of the stock recovery could encounter resistance in the 50-day simple moving average near 12,950.00 and