Dusseldorf The German stock market is still in a downward trend. The most recent rally with a plus of more than 1000 points has not changed that. On Thursday, the Dax gave back part of the gains in a weak market environment and closed almost three percent lower at 13,442 points.
On Friday morning it looks as if the leading German index will continue the losses. According to pre-market indicators, the Dax should start almost one percent lower on the last trading day of the week.
Compared to the previous day, there are far fewer stock exchange-related appointments on Friday’s agenda. The Ukraine war and its consequences, such as high energy prices, remain the dominant topic on the market. New details on price developments in Germany will follow in the morning.
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