FRANKFURT (dpa-AFX) – The Dax’s recovery attempt is already running out of steam again on Tuesday. Shortly after the opening, the leading German index fell by 0.29 percent to 22,361 points. In the previous week, the Dax had initially ended its record chase at 22,935 points.
The MDax, which comprises medium-sized companies, was down 0.12 percent to 27,886 points in early trading. The Eurozone’s leading barometer, the EuroStoxx 50, fell by 0.3 percent.
Overall weak data from overseas is causing some restraint, while here in Germany the focus is on the exploratory talks to form a new government after the initial relief at the outcome of the Bundestag elections.
According to Bankhaus Metzler, questions regarding the financing of the planned measures such as tax relief, lower energy prices and, in particular, the foreseeable significant increase in military spending are now coming to the fore. The fact that Friedrich…
