Frankfurt Stock Exchange opening: DAX with slight losses

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FRANKFURT (dpa-AFX) – The German stock market remains stable at a high level on Thursday morning with minimal losses. In the US, Wall Street and Nasdaq fell slightly after the close of trading in Europe, following a positive start to trading the previous day, which the DAX is currently mirroring due to a lack of other groundbreaking momentum. Shortly after the start of trading, the German benchmark index fell by 0.2 percent to 24,141 points. The MDAX, which tracks medium-sized companies, gained 0.3 percent to 29,880 points. The Eurozone’s leading index, the EuroStoxx 50, remained unchanged at 5,606 points.

“The DAX has so far successfully fought against a further slump,” said analyst Martin Utschneider from broker Robomarkets, looking at the chart analysis. An important step in this regard was that the 24,162-point mark was ultimately maintained the previous day. “This is where the ‘gap’ from October 2 is located,” i.e.,…

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