The leading German index had reached several new record highs in the last stock market year.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf At the start of trading, the risks of a military conflict between Russia and Ukraine were gradually priced in on the German stock market. Share prices fell significantly, while oil prices climbed towards the $100 mark and are reaching new multi-year highs. The price of gold initially marked its highest level in nine months. Bond yields fell significantly, signaling a calmer US rate hike.
The motto of the hour was initially: get out of risky investments such as shares and bitcoin and into so-called safe havens such as gold and government bonds. But now the situation has calmed down considerably.
On the German stock market, the Dax slipped again significantly at the start of trading. There are more than 800 points between the daily high on Monday and the low on Tuesday. But calculated from today’s low of 14,357 points, the Dax has made up for around 400 points. The leading index was at 14,753 points at midday, an increase of 0.2 percent.
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