Dax closes 4.4 percent in the red: sell-off mood on the stock market

Dusseldorf The attack on the Ukrainian nuclear power plant in Zaporizhia is causing a sell-off on the markets. On Friday, the Dax closed 4.4 percent down at 13,094 points – a loss of more than 500 points. The leading index was last listed at this mark in November 2020.

Investors are asking themselves the anxious question: What other consequences can the war in Ukraine have? Because hardly anyone can estimate that, shares have already been thrown onto the market, no matter what the price.

For the asset manager Markus Schön, irrationality also plays an important role in the price development. Because the index continues to fall, although the situation around the nuclear power plant has stabilized. The fire in the building was extinguished according to authorities. There were no dead or injured, the Ukrainian Interior Ministry said on Twitter on Friday morning. Burned a training complex. According to the information, no radioactive radiation has escaped.