The rampant Coronavirus pandemic has made the hoped-for recovery in the European stock exchanges on Wednesday nullified. Too great was the fear of the investor before the area-wide lock downs, which could stop the economic recovery from the first shock in the spring again before you’ve really begun, said Analyst Jochen Stanzl from the Online Broker CMC Markets was. As on the two previous days, recorded the Dax Losses. At the close of trading, he was 1.4 percent lower at 12 558 points.
In the M-Dax, the shares of Software AG module, with a Minus of 2.9 percent to the weaker values. The IT company received in the third quarter, slightly more new orders than analysts had expected. However, the billed business was in sales and the operating result is weaker than I thought. However, it went for the papers of the Shop pharmacy with a plus of 1.4 percent. Good mood the business ensured that the figures of the Swiss competitor and market leader To the Rose, the title of which rose in Zurich, to 13 percent.For the shares of LPKF Laser however it was in the S-Dax by 5.6 per cent down. The laser machine manufacturer reported a sales and profit slump in the third quarter. An Outlook on the full year it is still there. Shares of Bilfinger stood out at times with a plus of eleven percent. Traders pointed to a media report, according to several financial investors have shown interest in the construction company. Last Bilfinger papers were 3.8 percent higher.
The construction of the new mobile wireless standards 5G in China has helped Ericsson to a surge in profits. The Board was confident of reaching its targets for the year. The title of the Swedish network supplier, they won 9.6 percent. The Dutch HR service provider Randstad has caught up to the losses in the Corona-crisis and in the third quarter, better than expected. Randstad-papers rose by 2.9 percent.
The US stock markets found no clear direction. The Dow Jones quoted to the trade center almost unchanged. In the case of the single values and the Paypal shares fell by four percent. Here is the entry of the payment service provider to do business with crypto boosted currencies.
