Dax gives up profits and closes in the red – “The most challenging stock market month of the year has begun”

2023-09-04 17:45:00

Düsseldorf On the German stock market, the Dax gave up all of its interim gains in the course of trading on Monday. In the late afternoon, the leading index slipped into the red and was 0.1 percent lower at the end of trading at 15,825 points. The daily high was 15,959 points.

At the end of last week, the Dax ended trading down 0.7 percent at 15,840 points. On Friday, investors experienced a phenomenon that has occurred more often in recent weeks. For several weeks, the leading German index has been slipping significantly within half an hour in the period of the US pre-stock market from 2:30 p.m., the opening on Wall Street at 3:30 p.m. or afterwards from 4 p.m. Although US stock market indexes remain flat during this period.

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