Categories: Business

Frankfurt Stock Exchange: Fear of new infections pushes the Dax into negative territory

At the beginning of the week, the mood on the German stock market was somewhat cloudy.

At the beginning of the week, the mood on the German stock market was somewhat cloudy.

After the Dax had initially started to the 11,000 points in the face of the easing in the Corona crisis, the fear of a new wave of infection increased again among investors.

In the meantime, the German leading index fell to 10,740 points, but was able to regain some of the stock. In the end, it lost 0.73 percent to 10,824.99 points, which some experts said was important. The MDax was down 0.41 percent at 23,865.82 points on Monday.

The market pointed to the latest infection figures from Germany and South Korea as a brake on sentiment. According to the Robert Koch Institute (RKI), the rate of contagion in this country has been above the critical mark of 1 since Saturday. South Korea reported the largest increase in Corona cases in four weeks on Monday.

Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

WEMIX Charts Strategic Path for Recovery and Global Growth

Singapore, 9th May 2025, ZEX PR WIRE, WEMIX, the blockchain-powered gaming platform by WEMADE, has…

3 days ago

Governments propel cybersecurity conversations on multi-layered defence strategies at GISEC Global in Dubai

The second day of the annual event put the spotlight on governments, with top officials…

3 days ago

SANS Institute Brings Cybersecurity Training and Expert-Led Sessions to GISEC Global 2025

Dubai, UAE, 8th May 2025, ZEX PR WIRE, SANS Institute, the global leader in cybersecurity training…

3 days ago

Bitdefender GravityZone PHASR Endpoint Security Debuts in the Middle East at GISEC Global

Industry-First Solution Sets a New Standard for Attack Surface Reduction and Endpoint Security Through Dynamic,…

3 days ago

TXOne Networks Makes a Grand Entrance at GISEC

Engineering Enterprise Resilience with the Latest OT Cybersecurity Solutions Dubai, UAE, 8th May 2025, ZEX…

3 days ago

Check Point Software Deepens Commitment to UAE Cyber Security with Local Investments and Strategic Partnerships at GISEC 2025

The company reinforces its leadership by scaling regional support, strengthening alliances and empowering local customers…

3 days ago