The Frankfurt benchmark has already reached a new record several times this year.
(Photo: dpa)
Dusseldorf The German stock market is up and down on Friday: In the afternoon, the Dax is down 0.4 percent at 15,590 points. After a friendly start, the leading German index was up 0.9 percent, but then lost more than 200 points and slipped up to 0.6 percent into the red.
In view of inflation and economic worries and the unclear further steps taken by the US Federal Reserve, the mood in retail continues to be characterized by uncertainty. At the end of the week, the development around the debt-laden Chinese real estate company Evergrande was also a topic of conversation. Many investors anticipated the insolvency of the country’s second largest real estate developer, which is groaning under a mountain of debt of more than $ 300 billion.
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