The DAX ended Tuesday's trading session 0.7 percent lower at 24,433 points. The index opened at 24,608 and slipped in the afternoon.
After a quiet session on the German stock market, the DAX slipped shortly before the close. Analyst Thomas Altmann of QC Partners said the index remains in search of direction. Some investors used the previous day's losses to buy in, but a lack of positive impulses led to further declines. The benchmark has crossed the 25,000-point mark on nine days this year but has not held above it for long. It is currently trading between its 200-day moving average at 24,180 points and the record high of 25,507 points. A Handelsblatt survey indicated worse sentiment and higher uncertainty among investors. Stephan Heibel of AnimusX noted that hopes for new records have been set aside for now.
