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US News DAX falls below 12,000 points

13:10  28 september  2022
13:10  28 september  2022 Source:   vital.de

DAX stabilizes according to the wave of sales

 DAX stabilizes according to the wave of sales After the loss -making previous week, the most important indices at the German stock market on Monday were able to stabilize in early trade. After a weaker start, the DAX contaminated its losses and fluctuated around the Friday closure. Most recently, the German leading index was noticed by minus 0.02 percent at 12,281.91 points. © Fredrik von Erichsen/dpa The DAX is the most important stock index in Germany. According to experts, was mainly on the market at the start of the week.

The DAX remains in the downward whirlpool due to inflation, interest and economy worries. For the first time since November 2020, he sagged the 12,000 points mark on Wednesday. It was only at 11,914 points that he was able to catch something for the time being. At the end of the first trading lesson, the minus for the leading index was 1.44 percent to 11,964.95 points. The MDAX fell by 1.97 percent to 21,902.77 points, the Eurozone-Leindex EUROSTOXX 50 lost 1.3 percent.

Der Dax ist der wichtigste Aktienindex in Deutschland. © Fredrik von Erichsen/dpa The DAX is the most important stock index in Germany.

on Wall Street had again stressful demands from central bankers on the evening before, because they increase the worries about recession worldwide. The fear of a deeper energy crisis is also rampant: the worries about the stability of the energy network, for example because of the leaks on the two Baltic Sea gas pipelines Nord Stream 1 and Nord Stream 2.

TRUSTS, Wild corruption ... The Russians flee to Georgia after the call for mobilization

 TRUSTS, Wild corruption ... The Russians flee to Georgia after the call for mobilization © Copyright 2022, the Obs The Russian authorities recognized on Saturday 24 September an "important" cars of cars seeking to go to Georgia , in full mobilization to fight in Ukraine, with some 2,300 vehicles recorded in a single border post. Sunday images broadcast on social networks also attest to queues in border posts.

on the company, have recently become major price losses in the banking sector, as the 4.4 percent deeper papers of Deutsche Bank showed as Dax conclusion. The Commerzbank, 5 percent minus, gained similarly strongly. As became known on the evening before, the Polish daughter Mbank will also burden the financial institution in the third quarter. The reason is an educated additional provision of the equivalent of around 490 million euros.

further down in the steel sector because of an industry study by the US bank JPmorgan: Thyssenkrupp's titles dropped by 10 percent. For the Salzgitter Group, which was even more focused on steel, the price slide was even almost 14 percent.

Internet shares had recently recovered, now they went downhill for them again. The titles of the online retailer Zalando in the Dax dropped by almost 3 percent. In the trading sector there is still concern that the tendency to consumption could suffer from high inflation.

winners were extremely rare on Wednesday, but there were some positive exceptions, especially in the healthcare industry. The titles of Merck KGAA, for example, were one of the few winners in the Dax with plus 0.4 percent in addition to the almost 1 percent higher papers of the laboratory supplier Sartorius.

To protect its cables buried under the sea, France will acquire new equipment .
© Didier Lauras / AFP Currently, France has no submarine device to secure its cables buried more than 3,000 meters deep . To remedy this, it will have drones and underwater robots with the ambition to descend about 6,000 meters by 2025, as Russian and Chinese currently do. 1.3 million kilometers. Here is the cumulative distance of the 450 submarine cables that connect the different continents. A distance equivalent to three times the distance between the earth and the moon .

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