The German stock market failed to recover from its losses suffered at the start of the week on Tuesday after some ups and downs. Some good corporate news brightened the mood somewhat, but the fear of a second wave in the Corona pandemic remained present. Investors therefore did not want to be very courageous.
The Dax crossed the finish line after several sign changes, down 0.05 percent at 10,819.50 points. As in the whole of May, the leading index remained trapped in its range between 10,400 and 11,000 points. The MDax also failed to make it into the plus, losing 0.19 percent to 23,819.97 points on Tuesday.
According to experts, there is no clear direction in sight on the stock exchanges for the time being, frank Wohlgemuth of the National Bank continues to expect significant fluctuations. “The future is being traded on the stock markets. But when looking at it soberly, it has to be said that no one knows what it will look like in six months or even twelve months,” said the market observer.
