Dax closes 0.3 percent more tightly – investors ignore possible curfew

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Dax curve in the trading room in Frankfurt

The Frankfurt benchmark has already reached a new record several times this year.

(Photo: dpa)

Frankfurt Before the impending extension of the lockdown, investors on the German stock market acted cautiously. The leading German index closed 0.3 percent up at 14,657 points.

The main focus of the investors was on the advice given by the federal and state governments on how to combat the coronavirus pandemic. They could announce an extension of the lockdown into April in the evening. The number of infections had risen recently and the incidence mark of 100 had been exceeded in many places.

This is benefiting stocks in food delivery services and online retailers that have recently been under pressure. Hellofresh gained 4.66 percent, Zalando gained almost three percent. In return, tourism values ​​such as the airline Lufthansa (3.2 percent) and the tourism group Tui (4.6 percent) lost.

“The third wave of Covid 19 infections will most likely stop the gradual easing of the last few weeks,” says Weberbank analyst Daniel Schär. Existing openings, such as those in retail, could also become obsolete again.

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https://www.handelsblatt.com/finanzen/maerkte/marktberichte/dax-aktuell-dax-schliesst-vor-drohenden-corona-einschraenkungen-etwas-fester-vw-aktienkurs-ist-nicht-zu-bremsen/27027360.html?ticket=ST-4081641-0snzIMVizz2fspFD4kIh-ap2

Dax closes percent tightly investors ignore curfew

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