The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf Weak start to the week on the German stock market. In the morning, the Dax was down 0.5 percent at 15,514 points. Last Friday, the leading index went out of trading with a plus of 0.8 percent and a final level of 15,587 points.
The prospects for today’s trading day are rather modest. Weak economic data are coming from China. The gross domestic product (GDP) rose in the period from July to September by 4.9 percent compared to the previous quarter and thus slower than it has been for a year. And house sales plummeted by more than 17 percent in September, presumably due to the turmoil surrounding real estate company Evergrande.
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