Ukraine crisis burdened: Dax falls below 15,000 points

Fears of an escalation in the Ukraine crisis pushed the European stock markets into the red on Monday.

In Frankfurt am Main, the German stock index Dax lost 3.4 percent to 14,906.28 points after the start of trading, in Paris the CAC 40 index was down 3.2 percent in the morning.

In London, the FTSE 100 fell almost 2.0 percent.

The Asian stock exchanges had previously given way.

The Dax was thus listed below 15,000 points for the first time in a long time.

“Concerns that a Russian invasion of Ukraine is imminent are pumping waves of volatility into the markets,” said AvaTrade analyst Naeem Aslam.

Investors expected "higher fuel prices and more bottlenecks in the supply chain as a result of the conflict".

The recently already high oil price, which is driving the significantly higher inflation in numerous countries, continued to rise on Monday.

A barrel (159 liters) of the North Sea Brent reached 95 dollars (equivalent to almost 84 euros) on Monday.