Dax keeps giving
Created: 08/22/2022, 09:31 am
The Dax is the most important stock index in Germany.
© picture alliance / dpa
Investors on the German stock market continued to act cautiously on Monday.
The leading index Dax extended the losses it suffered in the past week and fell by 0.48 percent to 13,479.29 points in the morning.
The MDax of medium-sized companies fell in early trading by 0.59 percent to 26,824.81 points.
The Eurozone leading index EuroStoxx 50 lost 0.6 percent.
Frankfurt/Main – The central bank meeting in Jackson Hole, Wyoming, which begins on Thursday, is already casting its shadow on the stock market.
Investors are speculating that the US Federal Reserve will continue to tighten tightly to deal with high inflation.
Accordingly, investors are currently holding back on investments.
dpa