After the price drops at the beginning of the week, the Dax recorded further losses on Tuesday. In the first few minutes of trading, the leading German index fell by 0.52 percent to 16,117.25 points. The MDax for medium-sized companies fell by 1.05 percent to 26,896.64 points. The Eurozone leading index EuroStoxx 50 lost 0.32 percent to 4348.29 points.
After the latest records, the Dax currently lacks the impetus for further price gains. The US stock exchanges are expected to be somewhat weaker after a long weekend, and there was no tailwind from Asia’s stock exchanges either. Market participants are worried about the sluggish recovery of the Chinese economy. In addition, after yesterday’s profit warning from Sartorius, Lanxess caused the next mood dampener.
