FRANKFURT (dpa-AFX) – The Dax continued its losing streak on Monday. However, there was not much movement on the last trading day before Christmas. “The upcoming holidays are already casting their shadows on the financial markets,” commented borrower expert Andreas Lipkow.
The leading German index closed 0.18 percent lower at 19,848.77 points. It thus ended the seventh day in a row with a negative sign. However, it remained well above the lowest level since the beginning of December, which it had reached on Friday – partly due to a disappointing interest rate forecast by the US Federal Reserve on Wednesday evening. On the third-last trading day of the year, the share price still rose by 18.5% in 2024 – compared to 20.3% in the previous year.
By contrast, the MDax index of medium-sized German companies, which has been even more battered recently, managed to recover a little on Monday: it closed up 0.61% to 25,705.25…
