Frankfurt stocks: Lockdown worries slow down Dax – ECB puts pressure on banks

Friday, 11/19/2021 2:48 PM by


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The German financial metropolis Frankfurt am Main.

FRANKFURT (dpa-AFX) – Uncertainty about a possible renewed lockdown in Germany hit investors’ record mood on Friday. In addition, losses are also expected on New York’s Wall Street at the start of trading. The rise in producer prices in Germany, on the other hand, had hardly been able to slow down the leading index, although the rise in prices was more pronounced than expected and was also as violent as it was 70 years ago.

The Dax gave up his early gains and fell in the afternoon by 0.65 percent to 16 115.52 points, which is currently a minimal weekly plus of 0.1 percent. On Thursday it had crowned its almost seven-week rally with another high of 16,290 points before slight profit-taking began. His gain over this period is now a little less than nine percent from the October 6 low.

The MDax the medium-sized stock market fell by 0.62 percent to 35,744.76 points at the end of the week. The leading Eurozone index EuroStoxx 50 lost 1.03 percent.


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On the bond market, the current yield fell from minus 0.37 percent the previous day to minus 0.43 percent. The Rex pension index rose 0.37 percent to 145.47 points. The Bund future rose sharply, according to Lagarde, by 0.57 percent to 172.25 points./ck/mis

— By Claudia Müller, dpa-AFX —


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