Dax is making up ground – “overall situation remains fragile”

Released on 01. 10 . 2021

  • The Dax is the most important stock index in Germany. Photo: Fredrik von Erichsen

Already heard?

You can now also have your messages read out to you. To do this, simply click on the play symbol in any article or add the article to your personal playlist using the plus symbol and listen to it later.

Listen to the article:

Frankfurt / Main (dpa) – After a weak start to trading, the German stock market noticeably curbed its losses on Friday.

The Dax made up for its losses almost completely at times, most recently he noted in the early afternoon with 0, 35 percent in the minus at 15. 207, 26 Counter. Above all, utilities and defensive stocks were ahead.

Investors are still very nervous and only use the price weakness for very selected purchases, said market observer Andreas Lipkow from Comdirect: «The overall situation remains fragile. » There are also many speculative investors on the move who closed their positions before the weekend. . Percent lower at 34. 242, 130 points. The leading index of the Eurozone EuroStoxx 50 recently posted a minus of 0, 16 Percent at 4041, 72 points, having also hit a low in early trading had buckled for more than two months.

The euro stabilized before the weekend above that of the night before 14 – Monthly low. On Friday afternoon, the common currency cost 1, 1579 US dollars. The European Central Bank (ECB) set the reference rate on Thursday at 1, 1579 dollars.

On the bond market, the current yield fell from minus 0. 30 Percent on the previous day to minus 0, 31 percent. The bond index Rex rose slightly by 0, Percent on 144, 50 Points. The Bund future rose by 0, 29 percent to 170, 51 Points.

Related Articles

Back to top button