FRANKFURT (dpa-AFX) – The German stock market suffered losses at a high level in mid-week trading. Weak lending data from China on Wednesday weighed on prices. Otherwise, there were no market-moving economic figures on the agenda. The quarterly reporting season is coming to an end and is losing its importance as a source of momentum. There was no new news on import tariffs that moved prices.
As a result, the leading index, the DAX, lost 0.47 percent to 23,527.01 points. However, the DAX remained within reach of its record high of 23,912 points set at the beginning of the week. The MDAX, which tracks medium-sized companies, performed weaker than the DAX, losing 0.87 percent to 29,497.14 points.
In the absence of any impetus, investors focused their attention on the quarterly reports of a number of companies. Among the heavyweights on the DAX, Daimler Truck’s business figures were well received, with the truck…
