Dax slips – are speculators at work

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Dax-Curve

Successful stock exchange in the month of may, a successful Start-up in June.

(Photo: dpa)

Düsseldorf The German stock market starts weak in the new trading week. In midday trading, the Dax lost 1.3 percent and traded at 11.787 counters. The trading started, the situation looked much worse: The day low is 11,589 the counters.

Already last Friday, the index had a high gross margin of around 350 points, but finally, only 0.2 per cent in the Minus 11.949 counters.

The high price fluctuations in the past few days show clearly that The exchanges are apparently in the hands of speculators, short-term traders, or hedge funds, which bet on falling prices.

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