FRANKFURT (dpa-AFX) – The German stock market started the last trading day of the Christmas week with a slight dip. In very quiet trading, the Dax fell by 0.23 percent to 19,802.64 points in the first few minutes of trading on Friday. The MDax fell by 0.61 percent to 25,548.13 points. The EuroStoxx 50, the leading eurozone index, fell by around 0.2 percent.
After reaching a record high of over 20,500 points in mid-December, the Dax recently entered a correction. Profit-taking characterized the picture at the end of a strong year. Uncertainty currently prevails, particularly with regard to the Fed’s interest rate course, economic policy under US President-elect Donald Trump and China’s hoped-for economic recovery. Nevertheless, the annual performance of Germany’s leading index is outstanding with an increase of more than 18%./edh/stk
