The leading German index is on a downward trend this year – despite the recent recovery.
(Photo: Bloomberg Creative/Getty Images [M])
Frankfurt Investors remain cautious on Monday. The German stock market got off to a good start on Monday, but quickly gave up its initial gains. Half an hour after the start of trading, the Dax was down 0.6 percent at 14,363 points. The euro zone leading index Eurostoxx50 is also weak in the new week. He is listed in the morning at 3892 points, 0.9 percent down.
After the German stock exchange barometer failed at the psychologically important mark of 15,000 points last week, things are now going sideways again, commented portfolio manager Thomas Altmann from QC Partners.
The risks are still high and against the background of the Ukraine war it is unclear what further and new sanctions against Russia could look like. “Against this background, many find it difficult to boldly buy stocks.”
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