Dax starts due to the Coronavirus to exceed 3 percent in the Minus

The MDax of the medium-sized German stock market values folded to 3,31 percent to 28,023,21 points. The Euro declined STOXX 50 as Leitbarometer the Eurozone 3.2

Dax starts due to the Coronavirus to exceed 3 percent in the Minus

The MDax of the medium-sized German stock market values folded to 3,31 percent to 28,023,21 points. The Euro declined STOXX 50 as Leitbarometer the Eurozone 3.27%.

DAX 13.053,06 PT. -526,27 (-3,88%) Xetra

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To increased the rate of data

uncertainty is noticeable

The uncertainty in the financial markets has increased significantly. The price of gold increased, while Oil prices came under pressure. In Asia, it went to the start of the week, in particular, on South Korea's stock markets down significantly, although the rate kept losses in mainland China in limits. In China, the number of dead rose by the Virus by leaps and bounds and also in South Korea, is increasingly affected. Concerns the first major outbreak of Covid 19 prepared for the investors also in Europe: Thus, the number of Infected has increased in Italy over the weekend.

"seem to be The hope and euphoria for the economic development in Europe to have the courses but too far to the top driven. The investors for the time being, the emergency brake one day and the stocks in standard German values," commented market observer Andreas Lipkow by Comdirect Bank . Now needed to show whether the economic Situation is in fact as robust as many investors have assumed - otherwise, it will days for the Dax in the coming trading still very uncomfortable.

analysts and investors look forward to München

Accordingly, analysts and investors look forward to Munich. The Ifo Institute released the morning, the results of its monthly survey in enterprises. In spite of the Virus crisis is expected to be only a slight clouding of the business climate.

On Monday, came in this country, especially shares of economic-sensitive sectors under pressure. The papers of the airline Lufthansa broke in the Dax-end by more than 7 percent. The share certificates of the German Bank and of the automotive supplier Continental lost more than 5 and less than 6 percent. Car values drop. On the MDax at the end of the share of the buckled of the German pfandbrief Bank bills by nearly 9 percent.

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Date Of Update: 24 February 2020, 11:00
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