Dax in a critical area – price decline at Siemens Energy continues

Dusseldorf The German leading index Dax worked its way into the profit zone on Monday with the opening of the US stock exchanges. In the afternoon, the Frankfurt stock exchange barometer was up 0.2 percent at 15,857 points. At times it was 0.7 percent in the red.

The Dax could end its loss series that has lasted for five trading days. No negative series had lasted longer this year.

The majority of profit-taking was cited as the reason for the falling prices. Now buyers dare to come onto the floor again, but act very cautiously.

The situation in Russia also contributes to this. At the weekend, the heavily armed Wagner mercenary group led by former Putin confidant Yevgeny Prigoshin started a march towards Moscow. On Saturday evening Russia announced an agreement with the result that Prigozhin withdraws into exile in Belarus.

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