Frankfurt The German share index (Dax) opened slightly higher on Friday compared to the previous day’s close at 14,332 points, but slipped into the red shortly afterwards. In view of the war in Ukraine and the discussions about further possible sanctions, the mood remains depressed. The Euro Stoxx 50, which reflects the major stocks in the euro area, was also under pressure.
The Ifo index is also decisive for the German market. It fell to 90.8 points, reflecting the bad mood in the executive floors of German companies. Experts expect March to fall to 94.2 points from 98.9 points in the previous month. Helaba assumes that the traces of the prevailing uncertainty are reflected in the index.
Meanwhile, a dominant topic in the markets and now a heated point of contention among economists is the question of whether the EU will still agree on an oil embargo on Russia.
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