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Dax down slightly after record run

The Dax's record run did not initially continue on Thursday. In the first few minutes of Xetra trading, the leading German index fell by 0.22% to 16,620.60 points. The day before, it had reached another record high of 16,727 points. Its year-end rally since the October low has so far brought...

The Dax is the most important share index in Germany. Photo.aussiedlerbote.de
The Dax is the most important share index in Germany. Photo.aussiedlerbote.de

Stock exchange in Frankfurt - Dax down slightly after record run

The Dax's record run did not initially continue on Thursday. In the first few minutes of Xetra trading, the leading German index fell by 0.22% to 16,620.60 points. The day before, it had reached another record high of 16,727 points. Its year-end rally since the October low has so far brought investors a gain of more than 13 percent.

The MDax of medium-sized companies fell by 0.71% to 26,547.87 points on Thursday. The eurozone index EuroStoxx 50 fell by 0.2 percent.

The previous day in the USA, the broad market S&P 500 closed at the day's low with slight losses. Sellers also dominated in Asia in the morning.

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Frankfurt's stock exchange, specifically the DAX, experienced a slight dip after its record-breaking run, with the index decreasing by 0.22% to 16,620.60 points. Despite this, Frankfurt on the Main's exchange has seen a significant year-end rally since the October low, resulting in a gain of over 13% for investors. This record hunt in Frankfurt's stock market has largely been driven by the performance of major German companies.

Source: www.stern.de

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