Investors on the German stock market held back on buying shares on Tuesday. After the turbulence of the past week and a recovery movement on Monday, “cautious optimism” prevails, market analyst Jochen Stanzl from CMC Markets commented on the mood. “Despite the uncertainties in the banking sector, investors are confident that the German economy will be able to withstand the numerous crises in the coming months.” At the same time, they probably wanted to wait and see how the situation would develop.
Investors on the German stock market held back on buying shares on Tuesday. After the turbulence of the past week and a recovery movement on Monday, “cautious optimism” prevails, market analyst Jochen Stanzl from CMC Markets commented on the mood. “Despite the uncertainties in the banking sector, investors are confident that the German economy will be able to withstand the numerous crises in the coming months.” At the same time, they probably wanted to wait and see how the situation would develop.
Last but not least, people are eagerly awaiting the inflation data for Germany and the euro zone on Thursday. Consumer price data from the US will then be released on Friday.
The leading index Dax ended the day up 0.09 percent to 15,142.02 points. A similar picture emerged across Europe. The MDax of medium-sized stocks fell by 0.57 percent to 26,562.42 points.
Source: Stern
