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Dax current: Dax closes in the red – chip manufacturer loses over seven percent

After various records, investors were cautious on Tuesday. There are currently no new buyers. Even positive economic data could not support the Dax.

Translated from German Read in German

Dax current: Dax closes in the red – chip manufacturer loses over seven percent

The German stock market index, Dax, closed at 26,128 points on Tuesday, down 0.8 percent. This follows a 0.4 percent decline on Monday to 26,339 points. Despite geopolitical crises and a weak German economy, the Dax remains near its recent record high of 26,573 points, which is its 15th record this year. The index's performance is driven by strong global economic growth, which has boosted the export sales of Dax companies.

However, a survey by Handelsblatt shows warning signs, including a potential lack of buyers to drive prices up further and growing complacency among private investors.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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