With a closing level of 13.204 meters and a loss of 2.74 percent, the Dax fell back to the lowest level since the beginning of January. Of his the middle of last week reached a record 13.640 points, the Index of the 30 largest stock corporations in Germany away already by 3.2 percent. On the other side of the Atlantic, there was also severe losses. The Dow Jones was quoted at the close of trading in Frankfurt to 1.52 points, or 440 points in the Minus around 28.550 points. The gains of the previous stock exchange year has lost to the Dow Jones completely. DAX 13.204,77 PTS. -371,91 (-2,74%) Xetra
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The volatility index VIX, an indicator for the expected price development in the coming 30 days, jumped, however, solid. The "fear barometer" is called the VIX shot up to 22,73 percent to 17.90 meter high. Its German counterpart, the VDax, attracted by more than 30 percent.
number of Infected victims rises massively
The novel Coronavirus in the meantime, China has infected more than 2,700 people, the death toll rose Monday from 24 to 80 persons. These Figures had weighed in the Morning in Asia on the open stock exchanges, although in China, the trade routes of the new year celebrations paused for a few days.
According to market observers Thomas Altmann from the asset Manager, QC partner, the Coronavirus of the shutter button anyway due correction is a market in the stock. After such a long Rally, the question is, what is the bad news is that initiates the change in mood was always. With the Virus the answer to this question is found now. With Stock Selection in Europe, you will achieve excess Returns with System! (Partner offer) Now 30 days free of charge test!
A weak Ifo business climate index also weighed on the German stock market on Monday in addition. The important economic barometer fell surprisingly from 96.3 to 95.9 points. It was expected, however, a slight improvement on 97,0 counter. "The Ifo business climate index brings us back to the bottom of the facts," wrote Thomas Gitzel, chief volskwirt of VP Bank.
None of the 30 Dax stocks listed for trading in the Plus. Especially a lot of the title of Wirecard, Adidas, and Lufthansa lost, with losses of over four percent.
topic: PUSH - fear the second SARS epidemic - a Second SARS epidemic? As bad as the Coronavirus can make markets and the economy
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/with Material of dpa-afx Date Of Update: 28 January 2020, 01:01
