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ROUNDUP / Frankfurt Stocks End: Lockdown worries slow down the Dax

Friday, 11/19/2021 6:04 PM by

dpa-AFX

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The Frankfurt skyline in the afterglow (symbol picture). © jotily / iStock / Getty Images Plus / Getty Images

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FRANKFURT (dpa-AFX) – Uncertainty due to the corona pandemic hit investors on the stomach on Friday. After the last six days with ever higher records, the Dax for the first time not setting a record. As a result of the worsening infection situation, concerns about a new lockdown and its economic consequences were widespread.

The Dax fell 0.38 percent to 16 159.97 points, burdened by price slips, especially in cyclical industrial stocks. His weekly plus shrank to 0.4 percent. On Thursday, the leading index topped its almost seven-week rally with 16,290 points. Investors then began taking profits the day before, which has now continued a little.

The MDax the mid-sized stock market fell by 0.15 percent to 35,912.82 points at the end of the week. For him it was the third weaker trading day in a row.

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The Euro fell again below the $ 1.13 mark and there to another low since July 2020. Most recently, however, it was again traded somewhat recovered at $ 1.1316. The European Central Bank (ECB) set the reference rate at 1.1271 (Thursday: 1.1345) US dollars. The dollar cost 0.8872 euros.

Bonds were in demand as a safe haven in the wake of the flaming corona fear. While the opposite current yield fell from minus 0.37 percent the previous day to minus 0.43 percent, the bond index Rex rose by 0.37 percent to 145.47 points. The Bund future gained 0.62 percent to 172.36 points./tih/he

— By Timo Hausdorf, dpa-AFX —

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