Markets in the Far East in green | 12/01/20


The Asian markets will pick up strongly on Tuesday.


The Vienna Stock Exchange appeared in red on Monday.

The ATX was already quoted significantly lower shortly after the start of trading and remained in the red in the further course of the year. He ended the session with minus 1.74 percent at 2,553.78 points.

On a monthly basis, the ATX shows a significant price increase. However, it has remained in the red since the beginning of the year.

Consumer price data from the Eurozone was less relevant on today’s trading day. Likewise, positive polls from China on industry could hardly give any impetus. On the market it was said that the stock exchanges had “gone very well so far”. The pandemic and the associated restrictions continue to bring risks.

The company announced on Sunday that the Vienna Insurance Group (VIG) would buy the Central and Eastern European business of the Dutch insurer Aegon. The purchase price is 830 million euros and the transaction is expected to close in the second half of 2021.


The German stock market trended lower at the start of the week.

The leading German index DAX started the new week weaker, in the meantime turned positive, but could not keep its profits and finally said goodbye with minus 0.33 percent at 13,291.16 meters.

After a tough start, the leading index DAX was only able to gain temporarily on Monday – by the end of trading it turned into the red again.

Nevertheless, November remains an exceptionally strong month on the stock market. The courses benefited above all from the hope that a vaccine against the lung disease COVID-19 would soon be operational – and that it would normalize quickly after the crisis.


Investors took profits on Wall Street on Monday.

So the opened Dow Jones with a small loss and increased this as trading continued. In the end, there was a discount of 0.91 percent to 29,638.64 points on the board. Against that could NASDAQ Composite initially increasing, but not maintaining the positive trend either. He ultimately lost 0.06 percent to 12,198.74 points.

At the end of a strong month, Wall Street investors take profits. The leading index Dow Jones is thus moving further away from the 30,000 point mark that it had left behind for the first time in the previous week. In these spheres, investors had recently got cold feet again.

What remains is a strong November. Shaped first by the US election and then even more by the vaccine news, the Dow is up nearly 12 percent this month. Since BioNTech and Pfizer stirred up euphoria on November 9th, the annual balance for the leading index has also become clearly positive again. Regardless of the virus crisis, the Dow is currently seeing a gain of 3.8 percent for the Corona year 2020.


The Asian markets will pick up strongly on Tuesday.

On the Tokyo Stock Exchange it goes for the Nikkei currently (7.09 a.m. CET) 1.4 percent to 26,804.65 points.

In mainland China, the Shanghai Composite an increase of 1.43 percent to 3,440.29 units. In Hong Kong the wins Hang Seng meanwhile 1.12 percent to 26,637.20 points.

After a day of weakness, the stock market lights are green on Tuesday in late business in Asia. Good economic data from China and South Korea support and largely offset the previous day’s losses. In China, the Caixin manufacturing purchasing managers’ index rose in November to its highest level in a decade. It confirms the positive image that the official data had already conveyed the day before. But the South Korean counterpart from IHS-Markit, which has shown the most convincing business activity in years, creates a buying mood. This is joined by the revised GDP data from South Korea for the third quarter. / APA / Dow Jones Newswires / dpa-AFX


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Image source:, Ionana Davies /, Bule Sky Studio /

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