Düsseldorf Even if it’s cynical: wars and catastrophes are always expressed in cold numbers on the stock exchanges. It was the same after Putin’s attack on Ukraine. The German leading index Dax lost a good 15 percent after the Russian invasion.
About three quarters of the losses have now been made up for, probably also because there is always hope of a negotiated solution. Above all, however, because the Russian market is not of great importance for German companies.
This is probably one of the reasons why the stock exchange is considered a “cold” business. Share prices do not arise from the suffering of those affected, but from speculation on future corporate profits. And that is currently affecting another scenario: What if China permanently backs Russia and is no longer treated as an economic partner by the West?
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