Dax closes below 14,000 points

Dax curve

The leading German index had reached several new record highs in the last stock market year.

(Photo: Bloomberg Creative/Getty Images [M])

Dusseldorf The mood on the German stock market deteriorated again on Tuesday. The Dax extended its losses in the afternoon and fell below the psychologically important mark of 14,000 points again by the end of trading. In the end there were 13,904 points on the scoreboard, a minus of 3.9 percent.

The closing level – the lowest in a year – also reflected Tuesday’s daily low. From an investor’s point of view, there was good news: the so-called “war prices”, the annual low of 13,807 points on the day after President Vladimir Putin declared war, were not reached on Monday or Tuesday.

In Tuesday trading, investors once again focused on investments that were considered safe. Gold rose another 1.9 percent to $1,936 a troy ounce (31.1 grams). Silver and copper are up more than 3 percent.

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