Dax on course for stabilization – stock exchange light stays red

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 initial shock of the new situation in the Ukraine conflict is over. First investors are brave again and get in. The Dax increased by 0.8 percent to 14,807 points on Wednesday morning.

The leading index ended yesterday’s trading day at 14,693 points, a drop of 0.3 percent. Trading turnover was higher than it had been in ten weeks, probably due to the public holiday on Monday on the US stock exchanges and the dynamic developments in Ukraine.

But there can be no talk of relaxation on the German stock market. The situation in the Ukraine conflict is still too unclear for that. The short-term situation would calm down a bit if the Dax no longer marked a new low for the year, i.e. remained above the low of 14,357 points from yesterday Tuesday.

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