Enlarge image
Downward curve: The Dax collapsed this Monday
Photo:
STAFF / REUTERS
Fear of a Russian invasion of Ukraine has led to price losses on numerous stock exchanges around the world.
The Dax fell below the 15,000 point mark on Monday and lost more than four percent at times.
In the end there was a minus of 3.8 percent - the heaviest daily loss since the end of November.
Stocks from the travel and tourism sector and technology stocks flew out of the depots, while Bunds and gold were in demand.
Other European indices also reacted to the situation with losses: the European EuroStoxx50 temporarily turned four percent into the red on Monday afternoon.
US stock markets right at the start in the red
The US stock exchanges also continued the bad previous week with significant losses.
The Dow Jones index of the largest industrial stocks, which had already lost 4.6 percent in the course of the previous week, fell by a further 2.4 percent by the evening.
The technology-heavy Nasdaq 100 was even down 3.5 percent - and thus fell to its lowest level since June 2021. In addition to the impending risk of war, high inflation, the expectation of faster interest rate increases, the Omicron wave and a mixed corporate reporting season.
Russia's stock market is weaker than it has been since the Corona crash
Nervousness was also spreading on the Russian stock exchange: Moscow's leading index fell by more than eight percent - the biggest slide in prices since the corona-related stock market crash in March 2020. The Russian currency also came under pressure.
In return, the dollar was quoted at 78.64 rubles, the highest it was more than a year ago.
In view of the weaker rouble, the Russian central bank suspended its strategic foreign exchange purchases for the time being.
As the central bank announced, the purchases will be stopped indefinitely from Monday.
This is intended to counter the “volatility on the financial markets”.
A resumption depends on the market conditions.
Bitcoin at its lowest level in half a year
The downward slide in the cryptocurrency market also continues.
After stabilizing for a while, prices continued to go down at the start of the week.
As of Monday afternoon, a bitcoin at the low was around $32,970.
This is the lowest level in about half a year.
As recently as Thursday, the oldest and largest digital currency by market value cost around $10,000 more.
Other crypto assets such as the number two in the market, Ether, also fell again after a brief stabilization.
The currently around 17,000 existing digital currencies were worth a good 1.5 trillion dollars at the start of the week.
Before the recent crash, it was more than $2 trillion.
Sol/dpa/Reuters