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Entertainment DAX continues to collapse

18:15  26 october  2020
18:15  26 october  2020 Source:   finanzen.net

Comment: Why an enlargement of the DAX would be the right signal

 Comment: Why an enlargement of the DAX would be the right signal The expansion of the German price barometer to 40 stocks would be the right step - and would be an overdue sign of rejuvenation. © dpa Soon there could be 40 companies instead of 30 on the Dax board. Theodor Weimer made no secret of his wishes. Last week, when the Dax had 31 members for 24 hours with Siemens Energy, the head of the stock exchange was delighted that a rogue would be who would think a little more about the expansion.

The DAX shows a loss at the start of the new week.

DANIEL ROLAND/AFP/Getty Images © Provided by Finanz.net DANIEL ROLAND / AFP / Getty Images

The DAX started trading on Monday with discounts of 2.71 percent to 12,303.41 points, which is currently 3.24 percent and thus 12,236.64 counters.

Corona infection numbers continue to rise

In view of the further increase in corona infection numbers, market strategist Stephen Innes from Axi Trader spoke of the "COVID-19 blues on Monday morning". In addition, the approaching US presidential election and the ongoing issue of the "US economic stimulus package" caused uncertainty.


Video: Second Corona wave is burdening the economy (dpa afx)

Kristen Bell sports cornrows and checks on renovations at $4M mansion

  Kristen Bell sports cornrows and checks on renovations at $4M mansion The 40-year-old Frozen star made a fashion statement during her outing, slipping into a blue tie-dye T-shirt and wearing her blonde hair in cornrows. She bought the English Revival mansion in 2017 with husband Dax Shepherd, with whom she shares daughters Lincoln, seven, and Delta, five. © Provided by Daily Mail Stepping out: Kristen Bell was spotted this week swinging by the renovation process of her $4.3 million mansion in Los Angeles The four-bedroom, four-and-a-half-bathroom compound is spread over 4,048 square feet and comes with a guesthouse.After sinking $4.

"In Italy and Spain there are already lockdowns; in Germany politics is still hesitant, but everyone actually suspects that this will also be the case here," wrote the Commerzbank in the morning and warned of renewed violent effects in the service sector.

ifo index falls

The mood in German companies also deteriorated in October due to the rising number of corona infections. The ifo business climate index fell compared to the previous month by 0.5 points to 92.7 points, as the Ifo Institute announced on Monday in Munich. The decline was stronger than expected. Analysts had expected a decrease to 93.0 points.

This interrupts the most recent recovery phase of the important economic indicator for the time being. Before that, the ifo index had risen for five months in a row - after a drastic slump in March and April.

"In view of the increasing number of infections, the concerns of the German economy are increasing," commented Ifo President Clemens Fuest. "The companies are much more skeptical about developments in the coming months". The corresponding indicator for expectations fell from 97.4 points in the previous month to 95.0 points.Redaktion finanzen.net / dpa-AFX

Biden-Sieg & BioNTech's Corona vaccine hope ensure a bull market for the DAX .
Investors around the globe celebrate Biden's victory with share purchases. News about a possible vaccine against COVID-19 made stockbrokers cheer. © Provided by Finanz.net DANIEL ROLAND / AFP / Getty Images The DAX already started the new trading week with a significant plus. At lunchtime, the leading German index could no longer stop. At the top it went up to 13,297.05 points, which was over 800 points more than the closing price on Friday.

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