“Investors experience a re-evaluation of the stock market”

Dusseldorf On the German stock market, the new trading week begins as the previous one ended: with high losses. The Dax slipped 1.5 percent in the morning and is trading at 13,550 points. The index was already trading at 13,482 points before the market opened.

From Wednesday to Friday of the past week, the downward momentum had increased steadily, and the stock market barometer closed at a daily low on each of these three days. The weekly close then also at a weekly low of 13,762 points.

According to the after-hours listings, the leading German index survived the price slide on the US stock exchanges in the last hour of trading on Friday, but the sell-off on the Asian stock exchanges on Monday is having a significant impact on prices.

For Thomas Altmann from the investment house QC Partner, investors are “experiencing a revaluation of the stock market in view of the ever-increasing interest rate expectations”. Rising interest rates are having a direct impact on corporate profits and are becoming increasingly competitive for stocks.