Frankfurt / Main (dpa) – The Dax caught on Friday after initially clear discounts. The leading index fluctuated mainly around the close of the previous day and in the afternoon was down 0.36 percent to 11,556.62 points.
In view of the worsening crown crisis with a new partial lockdown in Germany from Monday, the Dax is experiencing a completely black week. The weekly loss is currently almost nine percent. For the month of October as a whole, things are looking a bit worse with a current decline of 9.4 percent. At 11,450 points, the Dax had given up about 38 percent of the recovery from its crown low in March to the intermediate high in early September in early trading on Friday.
Before the weekend, the MDax of the 60 midsize stocks of the stock market rose 0.10 percent to 25,827.84 points. The leading euro zone index, EuroStoxx 50, fell slightly.
The highest value on the Dax was RWE with more than 1.7 percent. Analyst firm Jefferies is now recommending the energy company to buy and is becoming more optimistic about wind power. Shares of food delivery service Delivery Hero paid tribute to their recent hot streak and lost 2.7 percent.
Siltronic was encouraged on the MDax by a buy recommendation from Deutsche Bank. The wafer maker’s papers were up 3.6 percent.
The euro rose again above the $ 1.17 mark in the afternoon. The European Central Bank (ECB) set the benchmark rate at $ 1.1704 on Thursday. In the bond market, the current yield rose from minus 0.64 percent the day before to minus 0.63 percent. The Rex bond index fell 0.02 percent to 146.56 points. The future of the Bund fell 0.01 percent to 176.20 points.