Dax falls back to the 13,800 point mark

Frankfurt Stock Exchange

“The fear is back, the worries are back”

(Photo: dpa)

Dusseldorf The German stock market falls back to its level of the previous week: On Thursday, the Dax lost more than 300 percent to up to 13,860 points. In the afternoon, the leading index is still 1.7 percent lower at 13,762 points.

Above all, the significant price losses on Wall Street dampen the mood. US trade on Wednesday was the worst in two years. The courses also give way at the opening on Thursday. In Asia, the most important indices had also lost.

“The fear is back, the worries are back,” comments Thomas Altmann from the asset manager QC Partners. “Any euphoria has evaporated.” Christian Henke from broker IG Markets said: “Investors have probably suppressed the known stress factors too early and are now getting the receipt for it.”

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