Dusseldorf After a friendly start to trading, the German stock market slipped back into the red. The Dax is down 0.4 percent in the morning and is trading at 14,330 points. On Monday there was a minus of 1.1 percent with a final score of 14,383 points.
The protests in China, which were probably the reason for profit-taking on Monday, are no longer an issue on Tuesday. The stock market indices in mainland China and Hong Kong rose between two and four percent.
For the stock exchange expert Thomas Altmann from the investment house QC Partners, “the current slowdown in the protests is certainly not a sufficient explanation”. Apparently, the opinion has prevailed on the floor that the Chinese government could relax its zero-Covid strategy in order to end the protests. That would be good news for stock markets around the world.
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