The leading German index had reached several new record highs in the last stock market year.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf The initially friendly mood on the German stock market has vanished again. After rising to 15,192 points, the Dax slipped again and was down 0.8 percent at midday with 14,924 points. On Friday, the leading German index fell 1.5 percent and, after briefly slipping below the 15,000 point mark, closed at 15,043 points.
Trading volume this Monday is likely to remain low. Because the US stock exchanges remain closed due to the holiday Presidents’ Day.
It is gradually becoming clearer how the German stock market is likely to react to the conflict between Russia and Ukraine in the coming weeks. One thing is certain: a real war between the two states is not currently being priced into the market.
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