Current Dax: Dax is significantly weaker - tech stock gains
After the US Federal Reserve, the Bank of Japan has now also raised its key interest rate. The Dax is benefiting from falling oil prices, but new economic data is likely to unsettle investors.
The German stock market index, Dax, fell on Friday to 25,310 points, a decrease of 1.6 percent from the previous day. This follows a 0.7 percent gain on Thursday to 25,717 points. Oil prices, which had been declining, stabilized with Brent crude costing $104 per barrel, down 0.1 percent from the previous day. The decrease in oil prices was previously attributed to reports of alternative delivery routes for Saudi Arabian oil exports, easing concerns over supply disruptions due to the Iran war. Germany's producer prices rose 4.6 percent year-over-year in August and 1.1 percent from July.
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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- Dax aktuell: Dax startet leicht schwächer – Tech-Aktie legt zu handelsblatt.com
