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Price slide on the stock market:
The Dax collapses - worries about a new coronavirus variant burden
Photo: Martin Oeser / dapd
The Dax buckles: The German stock market should go down significantly on Friday because of the fear of a new Corona variant.
The X-Dax signaled a drop of around 3 percent to 15,567 points around an hour before the start of trading - this would be the lowest level since the end of October.
Weak guidelines come from Asia, where concerns about the spread of a possibly more dangerous and contagious coronavirus mutation in southern Africa resulted in high price losses. Experts fear that
variant B.1.1.529 is not only highly contagious because of its unusually large number of mutations, but could also penetrate the protective shield of the vaccines more easily
. After Great Britain has already stopped flights from South Africa and five other neighboring countries, other countries are likely to follow suit, suspects Jeffrey Halley from broker Oanda.
The MDax and the Eurozone barometer EuroStoxx 50 also fell significantly on Friday.
On the stock exchanges, this news could once again be at the expense of tourism stocks.
In view of the "Black Friday" shopping event, the corresponding branch titles from the retail sector should also be worth a look.
On Friday, however, there are no guidelines from the United States, as the financial markets there were closed on Thursday due to the holiday "Thanksgiving".
Many market participants in the USA use this for a long weekend, which is why the impulses from the USA are likely to be rare on the last trading day of the week.
There is also only one shortened trading session on Wall Street.
K + S in view
Investors in the fertilizer group K + S can now breathe a sigh of relief.
After the financial supervisory authority Bafin had expressed doubts about the balance sheet for 2019 and the first half of 2020, the company believes that this major factor of uncertainty has now been dispelled, because the final findings of the German accounting auditor (DPR) commissioned by the supervisors are loud Companies do not need value adjustments.
Software AG before possible sale
Current sales rumors caused Software AG shares to jump in price on Friday morning.
They gained almost 8 percent on the Tradegate trading platform compared to the Xetra close.
According to informed circles, the software provider is examining strategic options, including the sale, as reported by the Bloomberg news agency.
However, the considerations are still at an early stage and a sale is not certain.
The rumors will bring new fantasy to the stock, said a trader.
However, he described it as a "poor testimony" that a sale is being considered instead of pushing the transition to the cloud.
Bitcoin gives way
Bitcoin, the world's most famous digital currency, fell slightly and fell back below the $ 58,000 mark.
Bitcoin and other cryptocurrencies had come under pressure in the past five trading days, as had stock prices.
The euro stayed above the mark of 1.12 US dollars, which had fallen below the previous day for the first time since July 2020, with the most recently paid US $ 1.1215.
The European Central Bank set the reference rate in the afternoon at 1.1223 (Wednesday: 1.1206) dollars.
The dollar cost 0.8910 (0.8924) euros.
Oil prices are falling sharply
Oil prices have also fallen sharply. Market observers named the uncertainty due to a new variant of the corona virus as the reason. In the morning, a barrel (159 liters) of North Sea Brent cost 80.17 US dollars. That was $ 2.05 less than the day before. The price of a barrel of the American WTI variety fell by $ 2.49 to $ 75.90. Experts fear that because of an unusually large number of mutations, the virus variant could not only be highly contagious and penetrate the protective shield of the vaccines more easily.
During the first corona wave in spring 2020,
oil prices fell
.
Countermeasures such as the closure of many areas of economic life were decisive.
New variants of the coronavirus awaken memories of this time and stir up fears of economic damage that would also weigh on energy demand.
With news agencies