The German stock market will go down again on Friday.
The DAX opened 0.32 percent lower at 22,926.42 points and currently remains significantly in the minus area. Already on the two previous days, investors had cut out price gains after a record high on Tuesday.
On Tuesday, the stock market barometer had reached a new high with a view to the Bundestag vote for the financial package at 23,476.01 points. The DAX ended March 6th at 23,419.48 units – with a new all -time high at the final course basis.
“High courses critically questioned”
According to the market observer Thomas Altmann from the asset manager QC Partners, the high courses are increasingly critically questioned in view of the politically uncertain situation. Accordingly, there are little long -term buyers who come into the market.
The focus of the billion-dollar finance package
The Union and SPD’s billion-dollar financial package in Germany is once again the focus. On Friday it has to take the last hurdle in the Federal Council. As before in the Bundestag, a two -thirds majority is also required in the country chamber for the change in the Basic Law.
Today a big expiry day
On the great expiry day, deadlines on shares and indices expire on the appointment exchanges. Börsians speak of the “big decay” when options and futures fall for indices and individual shares on the same day. This can lead to clear price fluctuations.
Redaktion finanzen.net / dpa-afx