ATX and DAX expected somewhat lower – Asian markets in the red

The domestic market and trade in Germany are likely to be characterized by slight losses in the middle of the week. Profit-taking put the Asian stock exchanges under pressure on Wednesday.


In Vienna, investors should take it easy on Wednesday.

the ATX quotes a little easier before the market.

Europe’s stock exchanges are likely to start trading on Wednesday with smaller sales. This would not come as a surprise after uplifts in the past few days without a fundamental tailwind. Price drivers in the past few days have been mainly window dressing, i.e. the targeted price maintenance by institutional investors who take advantage of the thin turnover on the stock exchanges between the years. However, the liquidity on the markets should now increase again, since trading on the London Stock Exchange will start again on Wednesday. Otherwise, business continues to be extremely quiet. Relevant news is still in short supply and the majority of market participants will only become active again after the New Year.


In Germany, things should go down slightly in the middle of the week.

the DAX gives something in the pre-trading session.

After a recent brilliant upward movement, the German stock market is likely to be calmer for the time being. Moderate losses are emerging for the start of XETRA trading. However, investors could use the slightly lower prices again for a late entry shortly before the turn of the year. In the past five trading days, the DAX had risen by almost five percent. Since the beginning of the year, the price barometer has posted an increase of more than 16 percent.


The US stock markets trended in different directions on Tuesday.

Although the opened Dow Jones practically unchanged, but it was able to gain in the further course of trading. He ended the day with a gain of 0.26 percent at 36,398.21 points. In contrast, the tech value index gave NASDAQ Composite ultimately 0.56 percent to 15,781.72 points, after having achieved a small plus at the start.

Meanwhile, the market-wide S&P 500 index was able to climb to another record high at 4,807.02 points.

The US stock markets presented themselves with no clear direction during trading on Tuesday. While the standard values ​​on Wall Street were mostly in positive territory, the technology stocks on NASDAQ were mostly on lower territory. Traders spoke of a restless trade with low sales. News of a record increase in coronavirus cases worldwide provided negative impetus. The sharp rise in Omicron infections brought the global COVID-19 cases to a daily high on Monday. Investors are reassured by studies, according to which the Omikron variant is highly contagious, but causes less serious diseases, it said from the trade.


The Asian stock exchanges give way in the middle of the week.

In Japan he loses Nikkei currently (7.09 a.m. CET) 0.73 percent to 2,828.92 points.

In mainland China it works for the Shanghai Composite by 0.69 percent to 3,604.93 units. the Hang Seng in Hong Kong, meanwhile, it is 0.83 percent lower at 23,088.41 positions.

On Wednesday, late business on the Asian stock exchanges declined. The losses tend to increase over time. Even if the stock exchanges have not been doing well everywhere recently, a certain willingness to take profits can be seen, it is said. Because most stock exchanges show generous annual premiums. After technology stocks have already been among the losers in the USA, these stocks are now among the weaker ones in Asia and in many places also represent the levies on the overall market. / APA / Dow Jones Newswires / dpa-AFX


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