The DAX’s most recent record run did not continue on Monday. A few minutes after the start of trading, the leading German index was 0.22 percent lower at 17,079.94 points. The MDax of medium-sized stocks fell by 0.5 percent to 26,016.20 points. The EuroStoxx 50, the leading index for the Euro region, fell by 0.3 percent.
The DAX’s most recent record run did not continue on Monday. A few minutes after the start of trading, the leading German index was 0.22 percent lower at 17,079.94 points. The MDax of medium-sized stocks fell by 0.5 percent to 26,016.20 points. The EuroStoxx 50, the leading index for the Euro region, fell by 0.3 percent.
The US stock markets closed trading on Friday near their daily lows and therefore did not provide any fresh momentum. This applies even more to the start of the week, as it is a public holiday in the USA and the stock exchanges in New York remain closed.
Armament stocks, however, continued to rise in Germany on Monday, driven by the prospect of increasing defense spending. Rheinmetall shares climbed above the 400 euro mark for the first time.
Source: Stern
