Entertainment DAX under pressure at the start on Friday

10:55  30 october  2020
10:55  30 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.

www.investing.com/analysis/ dax - under - pressure -as-bank-auto-shares-slide-200383119. German numbers continue to sag, raising concerns about the health of the eurozone economy. On Friday , German manufacturing PMI for January dipped to 49.7, below the 50-point level which separates

The DAX has ticked lower in the Tuesday session. Currently, the DAX is at 13,358.50, down 0.16% on the day. There are no major events in the eurozone on the schedule. France posted a trade deficit of EUR 4.7 billion, which matched the estimate. On Thursday, Germany releases Trade Balance and the

At the end of the stock market week, the DAX is significantly lower.

Peter Bischoff/Getty Images © Provided by Finanz.net Peter Bischoff / Getty Images

The DAX drops 1.08 percent to 11,472.61 points at the opening of the last session of the week.

Video: Second corona wave burdened the economy (dpa afx)

On Thursday, thanks to the prospect of further cash injections from the European Central Bank (ECB), he had gained 0.3 percent to 11,598.07 points.

The dominant topic on the trading floor remains the rampant coronavirus pandemic and the economic consequences of the recent tightening of restrictions. Against this background, the upcoming economic data, such as those on German economic growth in the third quarter, only play a subordinate role. In the US, consumer spending figures are on the schedule. The buying mood of consumers is considered to be the mainstay of the world's largest economy.Redaktion finanzen.net / Reuters

Dax treads on the spot .
The momentum on the German stock market decreased further towards the middle of the week. The leading index Dax was on Wednesday in early trading with 0.08 percent in the red at 13,123 points. © Fredrik von Erichsen / dpa The Dax is the most important stock index in Germany. The stagnation of the past trading days thus continued. The MDax of the 60 medium-sized values ​​also showed little change in early trading with minus 0.04 percent to 28,639 meters.

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