Stock exchange in Frankfurt: Dax gives way

The Dax fell slightly at the start of trading on Monday.

Stock exchange in Frankfurt: Dax gives way

The Dax fell slightly at the start of trading on Monday. The leading German index lost 0.47 percent to 15,877.28 points a few minutes after the Xetra opening. The MDax for medium-sized companies fell by 0.23 percent to 28,022.43 points. With minus 0.3 percent, the Eurozone leading barometer EuroStoxx 50 also went down.

The month of August has been very weak for the stock market so far. In the previous week, the Dax had lost a little more than three percent despite its record high of 16,528 points reached last Monday - triggered by the US credit rating downgrade by the rating agency Fitch.

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