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Economy — News — Stock exchanges — MDAX — Dax — Shares — Germany — Stock Exchange

Dax kicks off at a loss.

The European Central Bank's (ECB) imminent interest rate decision is causing uncertainty in the German stock market. Following a promising start to the week, early trading on Tuesday saw minor price declines. For several weeks, a definitive trend has been unable to take hold.

,   and  Hanna Hofmann
1 min read
The Dax is the most important share index in Germany.
The Dax is the most important share index in Germany.

Frankfurt's Stock Exchange - Dax kicks off at a loss.

The DAX index retreated a bit, dropping to 18,556 points in early dealing. It stays within the range it's had for weeks now, fluctuating around 18,400 points and reaching a record high in mid-May at about 18,900 points.

The MDax, made up of medium-sized businesses, saw a dip of 0.3% down to 26,888 points as well. And over in the Euro zone, the EuroStoxx 50, the premier index, slid by 0.3% too.

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The DAX's struggle is not limited to Germany, as stock exchanges worldwide have been experiencing volatility. Despite Frankfurt's Stock Exchange initiating with a loss, the DAX index has remained within its range, notably reaching a record high on MDAX shares. Germany's stock exchange, specifically the DAX and MDAX, has seen fluctuations in share values, reflecting the larger global trend in stock markets.

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