The leading German index had reached several new record highs in the last stock market year.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf The mood on the German stock market is relaxed again, even if the Dax is probably aiming for a test of the psychologically important mark of 14,000 points again this Tuesday. At noon, the leading index was down 2.7 percent or around 380 points at 14,077 points. The daily low is 14,043 points.
However, yesterday’s trading day was very constructive and raised hopes for a calmer stock market phase. The high losses of around 560 points at the start of trading were clearly limited. Ultimately, the minus was only 0.7 percent with a final score of 14,461 points.
It was gratifying that the so-called “war rates”, the annual low of 13,807 points on the day after President Putin declared war, were no longer reached. The Dax remained well above the 14,000 point mark throughout the trading session.
War in Ukraine: Dax price stabilizes at annual low
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