Wednesday saw the Dax index decline significantly. At the Xetra closing, the index was calculated at 21,254.27 points, a 1.01% increase from the previous day’s close.
“The market had only one direction today, and that was up. Over the past seven trading days, the market has gained over 1,300 points, with the Dax following a similar trend, albeit more moderately” said a market analyst.