Sell-off mood on the stock market – Dax has lost over 400 points in the meantime

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 The initially friendly mood on the German stock market has vanished again. After rising to 15,192 points, the Dax slipped again and was down two percent or 300 points in the afternoon at 14,736 points. At its daily low of 14,617 points, the minus was over 400 points. On Friday, the leading German index fell 1.5 percent and, after briefly slipping below the 15,000 point mark, closed at 15,043 points.

The leading German index has thus slipped to its lowest level since April last year. Since then, the mark of 14,800 points has always held. If the Dax falls below this mark on a sustained basis, i.e. at the end of the day and the day after, there is a risk of further losses in the coming days and weeks. The report by Russian news agencies that five saboteurs trying to cross the Russian border from Ukraine were killed may have played a role.

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