2023-08-17 14:09:15
Düsseldorf The German stock market is again at the 15,700 point mark, which has provided support for the leading index since the beginning of August. The Dax was down 0.1 percent in afternoon trading at 15,769 points.
As of today’s trading day, the leading index has fallen to a new monthly low, which is now at 15,674 points. This has increased the risk of further price losses.
The capital market expert Thomas Altmann from the fund house QC Partners is not surprised that the currently nervous and weak sideways market is depressing the mood of investors. “On balance, investors have not made any money with Dax shares since the March high,” he calculates. “It fuels fear and nervousness at the same time.”
The data from the Frankfurt Stock Exchange survey published on Wednesday evening also show that the willingness to take advantage of the trading range between 15,700 and 16,250 points with short and long positions has decreased significantly. In the survey, medium-term oriented private investors and institutional investors are questioned.
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