23.04.2020 DAX 30 Daily Analysis

23.04.2020 DAX 30 Daily Analysis

Wednesday saw the Dax 30 close with a1.61% gain, which is €10,415.03. Germany's stocks are set to perform well in the coming days and weeks as Europe heads towards easing social distancing protocols. This started on Wednesday when the markets pushed up even though there still is need to tread carefully because the market is still super volatile and no trajectory is clear yet, things might head North or South with the snap of a finger. This is especially true because of the global oil situation that has flooded the market, as long as no solution is found in relation to oil, it might be quite unclear where the markets are headed. On Wednesday the Dax's best performer was Infineon Technologies AG NA O.N which gained 0.918(6.06%) and closed at €16.073 while the worst performer was Adidas AG which dropped 3.80 points(1.80%) and closed at €37.575.