dusseldorf The German stock market is falling. the dax it falls 0.5 percent in the first hour of trading and is trading at 15,116 points.

Even before the start of trading, Martin Utschneider, a technical analyst at private bank Donner & Reuschel, announced: “The probability of profit-taking this Thursday is quite high.” In his opinion, the focus will initially be on the 15,078 point mark, and later perhaps on the 14,980 point mark.

After an increase of more than nine percent since the beginning of the year, a consolidation in the German stock market should not come as a surprise. Thomas Altmann of investment house QC Partners believes it is “rational to profit now.” As long as the newly won and now psychologically particularly important mark of 15,000 points is maintained, “nothing will go wrong in a consolidation.”

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