At the start of its new line-up with 40 members, the Dax gave way on Monday. In the wake of the weak targets from the USA and Hong Kong, it fell to its lowest level since the end of July.
At the start of its new line-up with 40 members, the Dax gave way on Monday. In the wake of the weak targets from the USA and Hong Kong, it fell to its lowest level since the end of July.
After the first few minutes of trading, the German benchmark index was last at 1.62 percent in the red at 15,238.72 points. The Dax has already had three weeks of price drops behind it. On Wall Street, the indices were also weak on Friday after the big expiry day on the futures exchanges. The Hong Kong stock exchange followed on Monday with heavy losses due to the worsening crisis of the Chinese real estate company Evergrande.
The MDax of the 50 medium-sized stock market values also fell significantly in early trading at the beginning of the week and lost 1.47 percent to 34,775.44 points. The European benchmark index EuroStoxx 50 fell
1.58 percent back to 4065.57 points.
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.
