Frankfurt / Main (dpa) – The investors in the German stock market will remain nervous ahead of the Euro Group meeting on Greece
The Dax fell by 0. , 30 percent to 10 945.06 points. From its daily low, the German blue-chip index was able to settle although already by 60 points. But he remains in its recent downtrend.
For the index of medium-sized values MDAX was about 0.88 percent to 19 348.73 points down and the technology barometer TecDax was by 0.72 percent to 1614 65 points after. The benchmark index of the euro zone Euro Stoxx 50 lost 0.32 percent a.
The financial markets remain volatile due to the uncertainty surrounding the Greek crisis and the timing of a rate hike in the US. The US Federal Reserve (Fed) had further left the timing of the long-awaited turnaround in interest rates open on Wednesday evening.
On Thursday they have drawn attention a meeting of finance ministers of the euro countries for debt dispute with Greece in focus. However, hopes for a quick solution are low. Currently are no news for Greek crisis bad news, wrote the chief economist at the private bank Berenberg, Holger Schmieding, in a market commentary.
There were no signs that Athens will change its posture in order to the Minister of Finance meeting to allow a solution.
In the dispute with donors is about a reform program that is a prerequisite for the disbursement of blocked aid from 7.2 billion euros. The time for this is running short: On June 30, Athens must repay to the International Monetary Fund 1.6 billion euros. Without agreement soon threatened with state bankruptcy.
On the corporate side of the construction and services group Bilfinger made again for negative impact rates. The company moved to a series of profit warnings the ripcord and splits itself. Due to high write-downs, the Group expects in the first half also with a significant loss. Investors seem to finally lose patience. The course fell by more than 12 percent
The shareholders of ProSiebenSat.1 spoiled the announced end of the TV career of entertainer Stefan Raab mood: The price fell to 1.38 percent.
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