Almost 2 percent in the red: Dax falls to Two-year Low

The strong recovery on Wall Street has given the Dax on Thursday after the Christmas break with no momentum. After the wild scenes on Wall Street with large Price fluctuations in recent days, investors remain cautious. One and a half hours after the start of trading, the German leading index was again under selling pressure and marked with a discount of approximately 1.8 percent to approximately 10.440 points to a record low since December of 2016.

the Dax is a very weak stock market year. In the previous year, the Dax is 19.2 percent in the Minus. In 2018, the first loss of the year, since 2011, is probably. In addition, the Dax average in an international comparison, worse than most of the major stock exchanges.

Other indices on Thursday, slightly better than the Dax: the Index of The medium values of the M-Dax was 0.9 per cent in the Minus 21.414,5 points. The Euro Stoxx index lost around 0.3 percent. In contrast to the German market, the leading index of the Euro-zone was called a part of the interim downward movement on Christmas eve in America.

DAX ® — — (–) Long & SchwarzBNP Paribas Xetra Citigroup 1T 1W 3M 1J paused 3J 5J For detail view

While the Frankfurt trade that crashed the Dow Jones Industrial average on Monday rose by nearly 3 percent, but on Wednesday in a counter-reaction in order to nearly 5 percent of high-jumped. This also includes soothing words of Trump-government contributed, after Donald Trump had last taken care of, among other things, with negative statements about the American Federal Reserve Bank for nervousness. In the dispute over a border wall to Mexico, Trump remains to be the opposition Democrats are also on a collision course.

the drive had received, the American stock exchanges on the previous day because of good signals for the late Christmas business from a strong retail values, but this had the bad market situation is not positive for the German title. Shares of Zalando, declined by 1.1 percent. Finally, the share of the online merchant was a record Low for four years, drawn by the bad news flow from the industry.

the Dow Jones — — (–) DOW JONES INDIZESCitigroupBNP Paribas 1T 1W 3M 1J 3J 5J For detail view

among the solid values in the German index family the technology stocks, after the sector had put the broad market on the previous day in the American trade in the shadows. Infineon about climbed in the Dax by 0.3 percent, and Dialog Semiconductor to the S-Dax gained even approximately 1.7 percent.

John Torrendo

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