Dusseldorf Increasing concerns about the economy continued to weigh on the German stock market on Monday. After the very weak previous week, the Dax was down 0.1 percent in the afternoon at 15,813 points. The MDax for medium-sized companies was last listed at 26,816 points, up 0.1 percent. The Eurozone leading index EuroStoxx 50 is 0.2 percent higher.
The trend towards profit-taking is thus continuing: the Dax has already fallen on all five trading days in the past week. This is the longest losing streak of the year.
The situation in Russia also contributes to this. At the weekend, the heavily armed Wagner mercenary group led by former Putin confidant Yevgeny Prigoshin started a march towards Moscow. On Saturday evening Russia announced an agreement with the result that Prigozhin withdraws into exile in Belarus.
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