Home » today » Business » DAX turns positive – Asian exchanges clash – Aareal Bank initiates sales process for minority stake in Aareon – CTS Eventim slump in profits – Focus on Covestro, Fresenius & FMC | message

DAX turns positive – Asian exchanges clash – Aareal Bank initiates sales process for minority stake in Aareon – CTS Eventim slump in profits – Focus on Covestro, Fresenius & FMC | message

TOTAL renegotiates the sale of British North Sea development areas. Danone confirms 2019 dividend and strengthens ESG targets. Roche delivers corona antibody testing to laboratories in the United States. Proceedings against VW top are to be terminated. Competition for Amazon and eBay: Facebook starts platform for online shops in Corona crisis. CANCOM in, HUGO BOSS out? JPMorgan sees exchange of German values ​​in the Stoxx 600 in June. Software company Exasol with solid IPO despite Corona.

At midweek the momentum on the German stock market is lost.

At the start of trading the DAX 0.41 percent to 11029.33 units. In the course of it he slipped further and in the meantime fell below the psychologically important mark of 11,000 points. Finally, he curbed his taxes and can rise again. The TecDAX stood a marginal 0.02 percent higher at 3,050.39 points at the start of trading and initially switched to red terrain – then it moved around the zero line and is now increasing.

The last good mood was replaced by reluctance: hope for a possible vaccine was dampened as critical comments about the candidate from biotech company Moderna emerged. Market experts explained that there is currently simply a lack of real course drivers.

Click here for a complete index overview

Small charges are posted on the stock exchanges in Europe.

The EuroSTOXX 50 started Wednesday trading with losses of 0.24 percent at 2,895.51 points and initially stayed on red ground. Recently, however, he was able to shake off his losses and climb slightly into the plus.

Investors’ mood to buy only weakened in the middle of the week – hope of a vaccine candidate has been critically dampened by a report on the US news website “Stat”. As the day progresses, however, the mood changes.

Click here for a complete index overview

Red signs were seen on the US stock markets at the close of trading.

The Dow Jones did not come out of the loss zone in Tuesday trading. In late trading, the downward trend intensified and the stock market barometer closed 1.47 percent weaker at 24,234.90 points. The NASDAQ composite however, profits could be made over long distances. Here, too, the mood among tech investors became noticeably worse in the late course, the index slipped into the red and closed 0.54 percent lower at 9,185.10 index points.

Investors again acted more cautiously, as the risks posed by the virus pandemic continue to exist – even if many countries continue to loosen restrictions and the economy is gradually starting up again. Meanwhile, Jerome Powell reaffirmed the readiness of the Fed.

On the corporate side, investors focused on Walmart. Thanks to online trading, the US retail chain was able to do more than expected. At the US hardware store chain Home Depot, meanwhile, higher personnel costs depressed profits.

Click here for a complete index overview

Asian equity markets did not find a common direction mid-week.

In Japan, the Nikkei grew strongly, but gave up part of its profits. He closed 0.79 percent higher at 20,595.15 points.

On the Chinese mainland, the Shanghai Composite finally a discount of 0.51 percent to 2,883.74 index points. In parallel, the Hang Seng in Hong Kong around the zero line and ended trading up 0.05 percent at 24,399.95 units.

In China, the central bank keeps the key interest rate stable in May.

The caution surrounding the economic recovery after the corona pandemic had returned to the trading floor, but Japan was boosted thanks to stimulus fantasies: On Tuesday after the Asian market closed, an unscheduled meeting of the Bank of Japan for Friday was announced – it should be about funding for companies.

Click here for a complete index overview

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.