Fear of war pushes Dax price to its lowest level in months

Dax curve

The leading German index had reached several new record highs in the last stock market year.

(Photo: Bloomberg Creative/Getty Images [M])

Dusseldorf At the start of the week, the German stock market was in a sell-off mood. The Dax even slipped more than 400 points and reached 14,617 points, its lowest level since the end of March last year. At the close of trading, the leading German index was 2.1 percent lower at 14,731 points.

The Frankfurt stock market barometer had already fallen 1.5 percent on Friday. After a brief slip below the 15,000 point mark, the leading German index closed at 15,043 points.

The mark of 14,800 points has been a solid support since the beginning of April last year, which has now been breached. If the Frankfurt benchmark stays below this mark for a long time, there is a risk of further losses in the coming days and weeks.

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