Dusseldorf Investors on the German stock market are cautiously returning to the buying side after the price slide on the previous day. The Dax increased by 0.7 percent to 13,714 points on Thursday afternoon. On Wednesday, the German stock exchange barometer had increased its losses and ended up closing two percent or 300 points lower at 13,626 points.
After a small winning streak, the leading index has thus fallen back into the price spheres of the past week. It is common for investors to rake in profits during such periods.
What is unusual, however, is that the hedging against price losses did not have the expected effect. Both private and professional investors had recently increasingly bought such products. The unwinding of such hedges would actually have stabilized the market. But that didn’t happen on Wednesday.
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