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Stock exchange in Frankfurt: Dax weakens after a record

Stock exchange in Frankfurt: Dax weakens after a record

The Dax suffered moderate losses. He paid tribute to his recent good run and the still unresolved US debt dispute. Around noon, the leading German index fell by 0.13 percent to 16,254 points. On Friday, it hit a record high of 16,331 points, but then fell back.

The Dax suffered moderate losses. He paid tribute to his recent good run and the still unresolved US debt dispute. Around noon, the leading German index fell by 0.13 percent to 16,254 points. On Friday, it hit a record high of 16,331 points, but then fell back.

The MDax of medium-sized stocks lost 0.26 percent to 27,567 points on Monday. The Eurozone leading index EuroStoxx 50 fell by 0.09 percent to 4391 points.

Away from the important German share indices, the shares in Borussia Dortmund jumped by almost 14 percent to their highest level since September 2021. The football club overtook record champions Bayern Munich on the penultimate day of the Bundesliga match and now has the best cards for the championship.

As the leader in the SDax small-cap index, Patrizia Immobilien recovered from the recent losses with a plus of 2.6 percent. As a course support, dealers saw the message that the designated CEO Asoka Wöhrmann wanted to buy shares in the company for up to three million euros.

In contrast, index neighbor Flatexdegiro lost 2.2 percent. According to the “Handelsblatt”, the online broker has new problems with the financial regulator Bafin. According to the report, this checks whether the Frankfurt-based fintech company has fulfilled its obligations to publish price-sensitive information. The broker denied to the “Handelsblatt” that it had violated transparency obligations in the cases in question.

Source: Stern

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