Dax leaves the greatest fears of war behind

Dax curve

The leading German index had reached several new record highs in the last stock market year.

(Photo: Bloomberg Creative/Getty Images [M])

Dusseldorf The leading German index has regained the 15,000 point mark and, with significant price gains, is leaving the greatest fears of war in the Ukraine conflict behind for the time being. At the close of trading, the Dax was around two percent higher at 15,412 points, an increase of 298 points.

As recently as Monday, the German price barometer had fallen by more than three percent at times and marked a new low for the year at 14,844 points. At the end of trading on Monday, the minus was two percent.

One factor for the increase on Tuesday: According to the Russian news agency Interfax, parts of the Russian army in the south and west have returned to their barracks. After a meeting with Chancellor Olaf Scholz on the Ukraine crisis, Russian President Vladimir Putin promised further dialogue with the West. “We don’t want war,” Putin said in Moscow, but referred to Russian security interests.

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