Dusseldorf After initial stabilization tendencies, the German stock market continues to fall. In the afternoon, the Dax slipped 1.2 percent into the red at 13,035 points, 150 points less.
Yesterday, Tuesday, the leading index closed 1.6 percent lower at 13,189 points and was thus in the immediate vicinity of the daily low. Shortly before the inflation data was published, the stock market barometer was still at 13,564 points.
In just one trading day, US indices gave up the gains they had accumulated since the start of last week’s trading. It doesn’t look that bad on the German stock market yet. The leading German index has only lost its gains since Monday of this week.
As long as the Frankfurt benchmark stays above the 13,000 mark, the September rally will be a healthy consolidation, despite yesterday’s sharp slide.
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