Ukraine crisis creates tension on the financial markets

Trading room of the Frankfurt Stock Exchange

Investors are likely to keep a close eye on the Ukraine conflict in the coming week as well


(Photo: Archyde.com)

Frankfurt The alert on the stock markets is likely to continue. Against the background of the conflict over Ukraine, experts are concerned regarding the coming stock market week. As a result, the general tension in the markets from the past week is likely to continue from Monday.

On Friday, the Dax closed with a weak weekly balance given the nervous geopolitical environment. The leading German index extended its recent losses and closed 1.5 percent lower at 15,043 points. This results in a minus of 2.5 percent on a weekly basis. The MDax of medium-sized stocks lost 1.3 percent on Friday to 32,973 points.

In the USA, too, the markets are still under pressure due to developments in the East. After erratic changes in direction in trading, the Dow Jones Industrial lost 0.68 percent to 34,079 points. The Ukraine conflict brought the leading index down by almost two percent on a weekly basis.

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