The leading German index is on a downward trend this year – despite the recent recovery.
(Photo: Bloomberg Creative/Getty Images [M])
Frankfurt The German share index (Dax) gave back its slight gains on Friday afternoon and even turned negative for a moment. After the leading German index had initially fluctuated between plus and minus, the Dax was up around one percent at midday. Shortly before the close of trading, the index fell into the red, but recovered quickly and was up 0.3 percent at 14,278 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.
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