Recovery in the Dax is losing momentum

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) – After an initially firmer start, the price gains in the Dax quickly melted away in early trading on Thursday. After the first few minutes, the German benchmark index was only marginally positive at 0, 06 Percent to 15. 375, 19 points.

On Tuesday, the most important German stock market barometer ended in view of increasing concerns about rising inflation and a slowdown in the economic upswing more than two percent collapsed. By the middle of the week, bargain hunters had helped the Dax a little bit on the jumps again.

The MDax of the mid-sized stock market quickly lost its profits on Thursday morning, but held up but with 0, 34 percent still a comparatively large plus at 34. 650, 57 points. The situation was similar in Europe: The EuroStoxx 38, the leading index of the Eurozone was most recently 0, 28 Percent higher at 4091, 67 counters.

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