The leading German index had reached several new record highs in the last stock market year.
(Foto: Bloomberg Creative/Getty Images [M])
Düsseldorf The Ukraine conflict seems to be losing its influence on the German stock market as it continues. The Dax was trading at 15,264 points in the morning, unchanged from the previous day’s close, although the risk of a Russian attack has not yet been banned.
As recently as Monday of this week, the stock market barometer had temporarily slipped to 14,844 points due to this risk. On Thursday, the leading index fell 0.7 percent following fighting between separatists and the Ukrainian army and closed at 15,268 points. Now the planned meeting of the foreign ministers of Russia and the USA supports the courses.
This means that the leading German index remains in its neutral zone overall: on the upside, the 200-day line at 15,620 points acts as an important resistance, while the area around the 15,000 point and 14,818 point mark, the lowest mark since April of the past year.
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