On Wednesday demand was on top after good session on Tuesday on Wall Street. DAX opened 70 pts higher than yesterday’s end session and upward movement was continued throughout the day. It have to be noted that on Thursday there will be the last session in this month and in this quarter. We should expect ‘windows dressing’ on the market which means that the results can be artificially improved. We will see on Friday whether there has been that effect on the market.
Most of indexes gained in value: S&P500 +0.44%, NASDAQ COMP +0.47%, CAC40 +1.78%, FTSE100 +1.59%, DAX +1.6%. 28 out of 30 DAX companies gained, the most ThyssenKrupp +8.27%, E.ON +6.42%, RWE +5.42%. At the DAX30 chart without major changes. Nearest supports: 10000 pts, 9910 pts, nearest resistances: 10060 pts, 10080 pts.
