The leading German index had reached several new record highs in the last year of the stock market.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf After yesterday’s sell-off, the focus on the German stock market is on the 16,000 point mark. In the morning the Dax was quoted at 16,009 points, a minus of 0.3 percent. The daily low at 15,938 points shows that the short-term slide on Thursday was not a slip. The Dax fell to 15,088 points on Thursday during the opening on Wall Street, but ended the trading day at 16,052 points, a minus of 1.4 percent.
The Dax has therefore fallen by around two percent from the record high: so far, a rather small consolidation, only the dynamism surprised. With a high trading volume of 75 million papers and a maximum minus of almost 300 points, there was a real sell-off yesterday.
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