Dax slips significantly after the fire in the nuclear power plant

Dusseldorf The attack on the Ukrainian nuclear power plant in Zaporizhia is causing renewed uncertainty on the markets. The Dax slipped by 2.1 percent in the morning to 13,416 points, a drop of more than 300 points.

Before the official start of stock exchange trading, there was even greater panic on the markets. Off-exchange, the leading German index was already trading at prices below 13,300 points. The situation then calmed down.

Investors are asking themselves the anxious question: what consequences can the war in Ukraine have? Because hardly anyone can estimate that, over-the-counter shares were thrown onto the market at any price.

For asset manager Markus Schön, irrationality also plays an important role in today’s course. Because the index initially fell further towards 13,200 points when it was already known that “only” one office building on the site of the nuclear power plant was on fire and that there was no acute radioactive hazard.