Dax in the red – second chance for private investors

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Dax curve in the trading room in Frankfurt

The Frankfurt benchmark has already reached a new record several times this year.

(Photo: dpa)

Düsseldorf The Dax started trading with losses on Wednesday for the third day in a row. In the further course, the leading index limited its minus and is 0.5 percent in the red at 14,591 points around noon. The Dax is thus in the trading range of the previous days, the weekly low is 14,516 points.

On the market, economic worries about the ongoing lockdown measures are seen as a burden in many countries. The Ifo Institute lowered its growth forecasts for the German economy on Wednesday. The gross domestic product is only likely to grow by 3.7 percent this year and not by 4.2 percent as expected in December, the Munich researchers predicted.

“The corona crisis is dragging on and postponing the expected strong upswing,” said Ifo economic chief Timo Wollmershäuser. At the end of the year, the pre-crisis level should then be reached again. For 2022, the Ifo Institute raised its forecast from 2.5 to 3.2 percent

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https://www.handelsblatt.com/finanzen/maerkte/marktberichte/dax-aktuell-pandemiesorgen-belasten-den-dax-aktien-von-encavis-und-lpkf-brechen-ein/27035402.html?ticket=ST-5308013-MJOXOvUcsQFBRs4S6jZ2-ap2

Dax red chance private investors

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