If the Dax does not manage to quickly overcome the 13,000 point mark again, there is a risk of a slide towards the low for the year.
(Photo: dpa)
Dusseldorf The leading German index got off to a turbulent start in the new trading week. The Dax slipped 3.3 percent in the morning and was listed at 12,625 points, around 425 points less. That’s the biggest one-day loss since early March. Pre-market prices were even seen at 12,604 points.
The leading index is thus following the wave of sell-offs on the US stock exchanges. After the market closed in this country, the Dow Jones index slipped 850 points at its peak last Friday. The interim plus of 1.2 percent suddenly turned into a minus of 1.5 percent.
This price slide was triggered by the Gazprom announcement that it would no longer deliver natural gas to Germany via the Nord Stream pipeline for the time being. This step increases the pressure on Europe to avoid energy shortages this winter. The news changed the mood of the market.
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