Further rate hikes by the central banks and a gloomy outlook from the US monetary authorities hit the German stock market on Thursday. In the evening, the Dax ended trading just above the daily low with a discount of 1.84 percent at 12,531.63 points. The MDax for medium-sized companies also slipped noticeably by the evening. It closed at 23,267.31 points, down 2.68 percent. Shortly before, the stock market barometer had slipped to another low since May 2020 at around 23,265 points.
Further rate hikes by the central banks and a gloomy outlook from the US monetary authorities hit the German stock market on Thursday. In the evening, the Dax ended trading just above the daily low with a discount of 1.84 percent at 12,531.63 points. The MDax for medium-sized companies also slipped noticeably by the evening. It closed at 23,267.31 points, down 2.68 percent. Shortly before, the stock market barometer had slipped to another low since May 2020 at around 23,265 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.
