The German stock market fell a little further on Wednesday. The leading index Dax fell by 0.37 percent to 15,714.13 points, but remained in the range between 15,500 and 16,000 points in which it has been since the beginning of August.
The German stock market fell a little further on Wednesday. The leading index Dax fell by 0.37 percent to 15,714.13 points, but remained in the range between 15,500 and 16,000 points in which it has been since the beginning of August.
The MDax for medium-sized stocks fell by 0.51 percent to 27,526.62 points. The Eurozone barometer EuroStoxx lost 0.59 percent.
The recent surge in oil prices is currently putting some pressure on the mood. These are trading close to their ten-month highs, which has reawakened concerns about inflation and thus about the economy.
Crude oil prices rose sharply on Tuesday after Saudi Arabia and Russia extended their existing production cuts until the end of the year. The two oil giants, along with other countries from the Opec+ oil network, have been tight on supply for some time.
Source: Stern
