Dax closes below 16,000 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 16,000 mark seems to be a difficult hurdle for the Dax to overcome. The leading German index closed slightly up at the start of the week, but remains below the 16,000 threshold. The Frankfurt stock exchange barometer went 0.3 percent firmer at 15,934 positions from trading. On Friday, the Frankfurt benchmark closed at 15,883, down 0.9 percent.

Papers from the pharmaceutical and health sector led the Dax. Fresenius Medical Care (FMC) gained 2.9 percent. Qiagen increased in price by 2.8 percent after a buy recommendation from DZ Bank. Merck advanced 1.4 percent. Henkel’s shares were at the bottom of the Dax with minus 2.8 percent – despite a somewhat friendlier rating from Morgan Stanley.

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