FRANKFURT (dpa-AFX) – Following its record high on Friday, the DAX came under significant pressure at the start of the new week. The leading German index fell by 1.01 percent to 21,178.18 points in early trading on Monday. Borse analysts pointed to the heavy losses in highly valued technology stocks in the USA as a negative factor. The background to this is the debate surrounding the Chinese AI start-up DeepSeek, which has been able to compete with established companies in the field of artificial intelligence. In Germany, shares from the chip industry plummeted.
On Friday morning, the DAX had reached another high of 21,520 points. After gaining a good 8 percent in the still young year, the stock market barometer then ran out of steam.
In the second German stock index, the MDax of mid-caps fell by 0.73% to 25,919.12 points on Monday. The EuroStoxx 50 lost 1.1 percent./la/mis
