Dax aktuell: Dax schließt im Minus und hält sich nur knapp über 25.000 Punkten

Düsseldorf - The German stock market index Dax continued to struggle on Friday, dropping 0.8 percent and closing at 25,182 points. The index briefly fell as low as 25,014 points, nearly reaching the 25,000-point mark which it had last crossed in early October. On Thursday, the Dax closed 1.1 percent lower at 25,371 points, representing a 1.7 percent decline on the week.

Chart experts from HSBC see the Dax trapped between the 50- and 200-day indicator lines, which range from 25,000 to 25,700 points this October. They describe a "degree of uncertainty," but see potential in a "fertile ground" for a new trend movement if the 200-day line is successfully defended. Currently, the 200-day line stands at around 24,879 points, while the 50-day line indicates a short-term trend, and the 200-day line signifies a long-term trend. The key question is whether the index will move above or below these lines.