Stagnant the DAX dips to 14,970 amid sluggish price action

Published: January 25 2023, 21:21 GMT+0

Stagnant the DAX dips to 14,970 amid sluggish price action

Today at a glance: DAX moves 0.08% to close at 15,082 today.

The DAX's state is reflected by market data as Germany Business Climate Index matched projections, with new data release of 90.2. Data from France concerning Jobseekers Total was released today at 11:00 UTC. Newly published figures emphasized continued decline from last month's figure of 2.81 million to 2.82 million this month. Germany Business Expectations beat the 85 projections, with 86.4.

While the DAX was pretty flat today, mixed performances were seen elsewhere as KOSPI Composite Index added 1.39% and closed around 2,395.26 today. Hang Seng went up by 1.82% today, and closed at 22,045. ASX 200 retreats 0.3% today and closed at 7,490.4.

The index has been trending positively for about a month. The DAX hit a significant low of 15.42 around 4 months ago, but has since recovered 97,780%.

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