The DAX slipped on Wednesday, closing at 24,823 points – a 0.3 % decline from yesterday’s close. It opened the day at the previous day’s level and quickly fell into negative territory, briefly approached the green zone, then widened its losses again before trimming a portion of the fall in the late afternoon.
Market analyst Andreas Lipkow noted that investors are currently facing a “series of paradigm shifts”. He highlighted the steep rise in precious‑metal prices, the continued erosion of the US dollar against the euro, and warned that these dynamics will soon be reflected in export figures. Lipkow added that the central‑bank meeting today carries significant weight and could shake the financial markets.
In Frankfurt, shares of Daimler Truck and Infineon topped the trading list right up to the close, while Bayer and Fresenius occupied the bottom positions.
Energy prices moved in opposite directions. Gas fell: a megawatt hour (MWh) of February‑delivery gas cost €38, down 1 % from the previous day. That translates to a consumer price of roughly €0.08 to €0.10 per kWh, including ancillary costs and taxes, if the level persists. Oil, meanwhile, ticked up: a barrel of Brent crude fetched $68.06 at about 17:00 CET, up 49 cents or 0.7 % on the prior closing.
Currency moves saw the euro weaken in the afternoon: one euro was worth $1.1944, and one dollar equated to €0.8372.