FRANKFURT (dpa-AFX) - The turbulent previous week on the global stock markets, which ultimately ended on a positive note, is likely to be followed by a further recovery in Germany on Monday. A good two hours before the Xetra start, the broker IG estimated the Dax with a plus of 0.44 percent to 17,801 points.

Measured against this, the Dax has already made up more than four and a half percent from its lowest level of around 17,025 points a week ago in February. Recession worries in the USA - one of the key triggers of the price slump just over a week ago - have recently eased somewhat.

Important support levels in the Dax have held up recently, analyzed chart technology expert Martin Utschneider from Finanzethos on Monday morning. However, the general nervousness and uncertainty remains. Not everything is "sunshine and roses" yet./ajx/stk