The German stock market initially recovered on Thursday after the previous day's setback.
The market-wide FAZ index increased by 0.2 percent to 2,224 points at the opening, the standard value index Dax also gained slightly to 13,651 points after trading 2 percent lower the previous evening with 13,627 points.
Investors were startled on Wednesday by inflation figures from Great Britain, where inflation rose to 10.1 percent in July, the highest value since 1982. This reinforces expectations of further increases in key interest rates.
Among the individual values, Uniper was particularly weak with a minus of 12 percent.
It was clear that the gas importer would not present any intoxicating business figures.
The half-year loss of 12 billion euros turned out to be alarmingly high.
Analysts said there was not even a small glimmer of hope in either the numbers or the outlook.
SMA Solar gained 2.3 percent to EUR 56 after the analysts at Berenberg raised their price target to this level.
Wacker Chemie is also increasing for the same reason, while Uniper's share prices are continuing at a lower level.
In Asia, prices on the most important stock exchanges in Asia were still under selling pressure on Thursday.
The leading Japanese index Nikkei 225 fell by 1 percent to 28,938 points.
The Hang Seng index fell 0.9 percent to 19,752 and the CSI 300 index fell 0.8 percent to 4,182.
The American stock exchanges also recorded price losses on Wednesday.
However, when the minutes of the most recent Fed meeting were released, some thought the pace of rate hikes might be slowing, allowing the S&P 500 index to recoup almost all of its losses at one point, albeit at 4,274 points 0.7 percent in the red closed.