The leading German index had reached several new record highs in the last stock market year.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf After the significant slide in prices on Thursday, the situation on the German stock market eased at the start of trading. The Dax was quoted at 15,404 points in the first hour of trading on Friday, an increase of 0.2 percent. The leading index ended yesterday’s session 1.57 percent lower at 15,368 points.
With these price gains, the Frankfurt benchmark defied yesterday’s sell-off on Wall Street. The leading index Dow Jones Industrial slipped 1.5 percent, the technology-heavy Nasdaq fell 3.7 percent. For the Nasdaq 100 selection index, it was the largest percentage daily loss since September 2020, down 4.22 percent.
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