After a weak start to the week, the German stock market continued to fall on Tuesday. The leading index Dax extended its initial losses and was down 0.63 percent at 16,099.86 points around midday. The MDax for medium-sized companies even lost 1.67 percent to 26,729.90 points. The Eurozone leading index EuroStoxx 50 fell by 0.43 percent to 4343.60 points.
After a weak start to the week, the German stock market continued to fall on Tuesday. The leading index Dax extended its initial losses and was down 0.63 percent at 16,099.86 points around midday. The MDax for medium-sized companies even lost 1.67 percent to 26,729.90 points. The Eurozone leading index EuroStoxx 50 fell by 0.43 percent to 4343.60 points.
After the recent records, the Dax lacks the impetus for further price gains. The US stock exchanges are expected to be somewhat weaker after a long weekend, and there was no tailwind from Asia’s trading centers either. Market participants are worried about the sluggish recovery of the Chinese economy.
Source: Stern
