The DAX closed unchanged at 24,847 points on Monday. New inflation data and escalating tensions in the Middle East shaped trading.
Investors on the German stock market waited at the start of the week. Markets were burdened above all by a sell-off in the technology sector.
Ongoing escalation in the Middle East created uncertainty. The Iran-allied Houthi rebels in Yemen are imposing a sea blockade against Saudi Arabia effective immediately, according to their own statements.
The blockade is based on the principle of “an eye for an eye” and is a reaction to the nearly twelve-year siege by Saudi Arabia, the Houthi military spokesman said on television Monday.
A Handelsblatt survey shows investor sentiment has reversed to minus 3.5 points within two weeks. Future expectations stand at just 1.3 points.
