In the past quarter, the rally on the stock exchanges took a break.
(Photo: dpa)
Frankfurt The investment professionals agree on one point: the stock markets will probably get more uncomfortable in autumn. After a weak September, there could also be stronger fluctuations on the stock exchanges in the final quarter. The reasons are rising inflation, a possible tightening of US monetary policy and a weakening economic upswing.
Andreas Hürkamp, equity strategist at Commerzbank, therefore expects a “nervous rocking exchange on the German stock market” by the end of the year. DZ Bank analyst Sven Streibel expects a “continued increase in stock market volatility”. And according to Christian Schmidt from Landesbank Hessen-Thüringen (Helaba), the “correction potential is far from being exhausted”.
There was a foretaste of the development on Friday: The Dax started the month of October with a minus of 0.7 percent. At times, the leading German index even slipped below the 15,000 mark and ended up closing at 15,156 points.
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Further
Read on now
Get access to this and every other article in the
Web and in our app for 6 weeks.
Further