Current Dax: Dax closes in the negative and remains just above 25,000 points
Worries about tech stocks, France's financial situation and rising oil prices are weighing on the leading index. However, in the long term, there are not only negative signals on the German stock market.
The German stock market, as measured by the Dax, has continued to decline, falling 0.8 percent on Friday to 25,182 points. The index had previously dropped 1.1 percent on Thursday to 25,371 points, resulting in a weekly loss of 1.7 percent. The Dax has been fluctuating between 25,000 and 25,700 points in October, and analysts at HSBC see it as being caught between key 50- and 200-day indicator lines. The 200-day line currently stands at 24,879 points.
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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