Dax aktuell: Dax fällt unter 26.000-Marke – Inflation in Euro-Zone zieht an
Anleger im deutschen Leitindex zeigen sich zu Beginn des neuen Monats zurückhaltend. Steigende Zinsen am Anleihemarkt und hohe Ölpreise belasten den Dax.
Düsseldorf - The DAX index, Germany's key stock market indicator, continued its downward trend following a recent record high and fell below the 26,000-point mark on Tuesday. At the beginning of the trading day, the DAX was at 25,972 points, marking a slight decline of nearly one percent, with losses nearing 300 points. This drop also pushed the DAX under both the 21-day line and the 26,243-point level, last breached in July.
The German benchmark index closed 1.2 percent lower at 26,258 points on Monday. Such a significant daily loss was last seen on July 23.
Portfolio manager Thomas Altmann of QC Partners noted that September typically proves to be a weak month for the stock market: "In the last six years, the DAX only experienced a positive September once." However, Altmann pointed out that the preceding August, which also showed a negative trend, had a positive outcome overall.
Andreas Lipkow, chief market analyst at CMC Markets, remained composed despite the market sentiment becoming more cautious: "Even though investors are becoming increasingly cautious, the overall market sentiment remains positive." The slight losses may be seen as a healthy short-term correction, Lipkow explained.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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