Frankfurt Stock Exchange: Dax stable after very weak previous day

Frankfurt Stock Exchange: Dax stable after very weak previous day

After a botched start to the year, the German stock market remains counted on Thursday. The US Federal Reserve’s continued restrictive stance could prevent a significant recovery in prices on Thursday. After the Dax’s biggest daily loss since October the day before, the leading German index was up moderately by 0.15 percent to 16,563 points in early Xetra trading in the morning. The MDax of the 50 medium-sized stock exchange stocks, however, fell by 0.3 percent to 26,177 points.

After a botched start to the year, the German stock market remains counted on Thursday. The US Federal Reserve’s continued restrictive stance could prevent a significant recovery in prices on Thursday. After the Dax’s biggest daily loss since October the day before, the leading German index was up moderately by 0.15 percent to 16,563 points in early Xetra trading in the morning. The MDax of the 50 medium-sized stock exchange stocks, however, fell by 0.3 percent to 26,177 points.

Source: Stern

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