On Monday, the Dax held its own at around the level of its recent record high. In the first few minutes of trading, the leading German index lost 0.13 percent to 16,448.06 points. After the strong previous week, he is thus heading for an increase of 1.8 percent for the end of July. The MDax of medium-sized companies fell on Monday morning by 0.10 percent to 28,676.19 points, while the eurozone benchmark index EuroStoxx 50 fell by 0.07 percent to 4463.56 points.

Hopes that the interest rate peak could now be reached after the latest interest rate hikes by the US Federal Reserve and the European Central Bank (ECB) had driven the stock markets recently. This gave the Dax a record on Friday with 16,490 points.