On the last trading day of the year, the Dax closed below the round mark of 14,000 points. The German stock exchange barometer is today with very low trading volumes with a discount of 1.05 percent to 13,923.59 points from the year.
As is so often the case, the Dax was based on Wall Street, where losses are again indicated. Calculated over the year, the German stock market barometer ultimately lost 12.3 percent and thus recorded the worst stock market year in four years. In 2021 he had made a profit of almost 16 percent.
The MDax ended the trading day 1.26 percent lower at 25,117.57 points, which means a minus of 28.5 percent for the index of medium-sized stocks for the year as a whole.
The trigger for the significant weakness in 2022 was Russia’s war of aggression in Ukraine. Energy prices rose rapidly and fueled an already high level of inflation, which made it necessary for the central banks to intervene. As a result, interest rates rose rapidly and significantly.
