Dax closes clearly in the red after new turbulence – second sell-off in a week

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 has turned again. After an increase of almost 400 points on Thursday, the second sell-off of this trading week followed on Friday: significant price losses with high trading volume.

In the afternoon, the Frankfurt stock exchange barometer made up for part of the losses and ultimately went 1.3 percent or 205 points lower at 15,319 points from trading. The daily low was 15,122 points.

Overall, the trading week was as ordered by day traders. These investors try to make large profits during periods of short-term fluctuations. These high fluctuations point to more turbulent trading days. And it is to be feared that the Dax will continue to give way – despite the relief rally that has so far remained intact since the price slide at the start of the week.

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