Dax slips into the red – uncertainty remains high

Released on 30.09. 2021

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

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Frankfurt / Main (dpa) – Investors remain nervous on the German stock market. After an initially positive start, the Dax slipped into the red by midday. Most recently, the leading German index lost 0, 17 percent and stood at 15. 339, 14 Points.

On Tuesday, the Dax was on the rise in view of the worries about an upward trend Inflation and a slowdown in economic recovery plummeted by more than two percent. In the middle of the week, buyers had helped the German benchmark index a little bit on the jumps again.

The MDax of the medium-sized stock market values ​​also fell back around noon and posted a slight minus of 0. 11 Percent on 34. 483, 27 Counter. The EuroStoxx 50 as the leading index of the Eurozone was just able to stay in the profit zone.

Among the individual values ​​in the Dax, corona winners from the medical sector were particularly in demand, as was the case recently. Shares in laboratory supplier Sartorius, pharmaceutical and chemical company Merck and diagnostics company Qiagen and Siemens Healthineers rose in price by up to two percent.

The stocks of Deutsche Post belonged to the bottom of the index which slipped to a low since May, most recently a discount of almost 1.6 percent.

Papers of the hardware store Hornbach shot to a record high after the quarterly figures were presented, most recently was a price increase of 09, 5 percent on the display board. The better than expected quarterly figures and a little more optimism on the part of the Board of Management with regard to the annual forecast were convincing here.

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