30 pm, a 1.5 percent decline from the previous day’s close.
Consequently, nearly all stock values recorded losses, with particularly severe impacts on the shares of Rheinmetall, Commerzbank and RWE.
The Dax is currently being weighed down by profit-taking in the stocks of Daimler Truck, RWE and Rheinmetall, according to market analyst Andreas Lipkow. The large expiration of options is affecting the German stock market, undoing some of the recent gains. “The fundamental picture has not changed, it is simply being overshadowed by the technical market conditions” Lipkow said.
The European common currency was weaker in the afternoon, with one euro equivalent to 1.0841 US dollars and one dollar to 0.9224 euros.