The Dax is hungover in the second half of the year.
In the morning, it opened at 12,627 near its previous day's low of 12,618.
In early trade it struggled back towards the zero mark at 12,767 and still down 0.1 percent.
The low for the year at 12,438 points is not far away, however, and Helaba believes that there is no longer any noteworthy technical support on the way there.
The Eurozone leading index Euro Stoxx 50 was also able to limit heavier initial losses and was still 0.4 percent weaker at 3441 points in the morning.
The balance of the Dax for the first half of the year is very weak at minus 19.5 percent.
At the beginning of January, it once again scratched the record high of November.
From the peak, it even fell by 21.5 percent, which means that it is in a bear market like the broader US index S&P 500.
"The first half of the year was the weakest for the Dax since 2008, and there has never been a weaker June at all," said a broker.
“The fears of recession have a firm grip on the financial markets.
The high inflation rates and hawkish comments from various central bankers are keeping interest rate hikes high and with them economic worries," Commerzbank said in the morning.
After all, the 40 Dax values showed more signs of life on Friday than on Thursday, when almost everyone went down.
In the morning, Zalando led the field with an increase of 3.5 percent.
Airbus and Hellofresh also did well, gaining 1.8 and 1.6 percent respectively.
At the lower end, Infineon lost approximately 4 percent.
Siemens Healthineers, which was still among the winners on Thursday, lost almost 3 percent on Friday morning.