FRANKFURT (dpa-AFX) - The Dax stabilized on Tuesday after the recent price slide. The leading German index rose by 0.53 percent to 17,430.16 points. As a result, the stock market barometer once again surpassed the 200-day average line, which is a highly regarded indicator of the longer-term trend. The MDax of medium-sized companies gained 1.05 percent to 24,216.96 points.

Very weak global stock markets in the face of recession worries in the USA had weighed on the German stock market at the beginning of the week. Now the situation has calmed down for the time being, wrote analyst Jochen Stanzl from trading house CMC Markets. Even if the spectre of recession has made it back onto the trading floor, this fear of an economic downturn is currently only in the minds of investors. There is no really reliable evidence./la/jha/