After the recent upward movement, the German stock market fell at the beginning of the new trading week. Some investors are probably making profits, it was said on the market. The company reporting season is slowly getting going, especially in the USA, where some stock market heavyweights, Microsoft, Meta, Apple, Alphabet and Amazon, are presenting their figures this week. Market-moving economic data will not be published on Monday.
After the recent upward movement, the German stock market fell at the beginning of the new trading week. Some investors are probably making profits, it was said on the market. The company reporting season is slowly getting going, especially in the USA, where some stock market heavyweights, Microsoft, Meta, Apple, Alphabet and Amazon, are presenting their figures this week. Market-moving economic data will not be published on Monday.
The DAX fell by 0.25 percent to 16,918.94 points in the first few minutes of trading. On Friday, the most important German stock market barometer missed the record high of just over 17,000 points by only 36 points, but still managed a weekly gain of around two and a half percent. The MDax fell by 0.81 percent to 25,962.77 points on Monday. The EuroStoxx, the leading index for the euro zone, lost around 0.1 percent.
Source: Stern