The Ukraine crisis remains the dominant topic on the German stock market on Wednesday. The recovery potential should be limited even after the last five trading days with losses.
The Ukraine crisis remains the dominant topic on the German stock market on Wednesday. The recovery potential should be limited even after the last five trading days with losses.
After all, the Dax rose by almost half a percent to 14,759 points in early trading. The leading index had suffered severe losses again the day before, but then made up a lot of ground.
The United States and Europe responded to Moscow’s actions and recognition of areas in Ukraine controlled by pro-Russian separatists with a package of penalties. US Secretary of State Antony Blinken canceled a meeting planned for Thursday in Geneva with his Russian colleague Sergey Lavrov. The White House has ruled out a possible meeting between US President Joe Biden and Russian President Vladimir Putin for the time being.
The MDax of medium-sized stocks rose by a good half a percent to 32,367 points in the middle of the week. The Eurozone leading index EuroStoxx 50 recovered by 0.65 percent to 4011 points.
Source: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
