Frankfurt Stock Exchange
Dax stabilizes somewhat – Ukraine remains in focus
The Dax is the most important stock index in Germany. Photo: Fredrik von Erichsen/dpa
© dpa-infocom GmbH
On the Frankfurt Stock Exchange, the Ukraine conflict was also getting on the nerves of investors on Tuesday. Concerns about an escalation of the situation between Russia and Ukraine had already cost the Dax two percent at the beginning of the week.
On the Frankfurt Stock Exchange, the Ukraine conflict was also getting on the nerves of investors on Tuesday. Concerns about an escalation of the situation between Russia and Ukraine had already cost the Dax two percent at the beginning of the week.
In early Tuesday trading, the leading German index stabilized at 15,173 points, up 0.39 percent.
The MDax of medium-sized stocks advanced by 0.65 percent to 32,946 points after the first few minutes of trading. The Eurozone’s leading barometer, the EuroStoxx 50, gained half a percent.
In addition to the geopolitical risks, the US Federal Reserve’s tougher stance to combat inflation remains one of the key burdens for the stock market. Many market observers expect the US interest rate to rise by 0.50 percentage points in March.