Frankfurt The German share index (Dax) recovered somewhat after the leading German index had initially fluctuated between plus and minus indecisively. At noon, the leading German index was up around one percent at 14,414 points. However, given the war in Ukraine and discussions about further possible sanctions, the mood remains subdued. The Euro Stoxx 50, which reflects the major stocks in the euro area, moved in a similar way. The price of the North Sea oil grade Brent fell.
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 will be reflected in the index.
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