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Dax in the red: Investors are cautious ahead of the weekend | Free Press

Frankfurt / Main (dpa) – Investors increasingly avoid risk ahead of the weekend.

After the first clearer profit take the day before, the German stock market was down a bit more this Friday. The 13,000 point mark on the Dax is now at risk again. The great euphoria over the clear progress in the search for a corona vaccine has faded somewhat in light of the growing number of corona infections around the world. A new record for new infections has also been reported in this country. Also, even if the vaccine is approved quickly, it will take a long time before enough people are vaccinated.

Shortly after the start of trading, the leading index lost 0.20 percent to 13,027.32 points, which means that the weekly gain is still above 4 percent, mainly thanks to strong gains on Monday. The MDax of the 60 midsize stocks turned positive after initial losses and was up 0.13 percent to 28,370.73 points. The leading euro zone index, EuroStoxx 50, fell 0.11 percent to 3,424.41 points.