Dax closes easily in the Minus: The first setback since mid-may

The Dax fell on Friday. The German benchmark index closed with a loss of 0.18 percent at 11.949,28 points. On a weekly perspective, a loss of almost seven perce

Dax closes easily in the Minus: The first setback since mid-may

The Dax fell on Friday. The German benchmark index closed with a loss of 0.18 percent at 11.949,28 points. On a weekly perspective, a loss of almost seven percent, the first setback is in order since mid-may.

The reinvigorated Wall Street, had given to the German market in the late trading, although at first a little back wind, but then crumbled even there, the gains a bit. The MDax of medium-sized German stock market values lost on Friday to 0.15 per cent on 25.477,06 points.

to be had the start of the week, a recovery run brought the Dax to RUB shoulders with the mark of 13,000 points, but then the market was pivoted to the observers, the long-awaited correction rate. On Thursday pessimistic statements of the American Central Bank, the Fed, the economic development and the concern then moved in front of a second Corona-shaft, the stock exchanges in the world to the bottom.

the coming week will probably be) a bumpy ride

market observers forecast for the week ahead is a bumpy trading history, due in part to the three times the prices on the futures exchanges ("witches ' Sabbath". Investors try previously often drive the prices in the desired direction.

In the Dax, the recent high volatility of the Lufthansa share continued on Friday. This time you won at the Index peak more than three percent, the title had lost since the middle of the week but also more than 20 percent.

Updated Date: 12 June 2020, 13:19

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