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 first shock at the beginning of the Ukraine war on Thursday, prices on the German stock market are climbing again. The Dax rose by 1.2 percent to 14,222 points in the first hour of trading.
Already yesterday, Thursday, there was a stabilization in trading. After slipping to a new annual low of 13,807 points, the Dax finally closed at 14,052 points, down four percent.
For stockbrokers who have already experienced a regional war on the financial market, such a price increase is not a surprise. After the attack, an important finding prevailed on the market. In view of the Russian superiority, the war is likely to be over sooner than some believe. Almost all expressions of solidarity have yielded one result: the war remains regional, Ukraine is left to the Russians. Blueprints are the occupations of Georgia 2008 and Crimea 2014.
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