German stocks were little changed on Monday as COVID-19 worries returned to haunt markets.
Austria has finally ruled in favor of a mandatory nationwide lockdown for all those unvaccinated against COVID-19, effective today, amid record-level infection rates.
Elsewhere, Germany’s coronavirus infection rate has risen to its highest level since the start of the pandemic, public health figures showed.
The benchmark DAX slipped 4 points to 16,089 after finishing marginally higher on Friday.
Nordex fell 2.3 percent. The wind turbines manufacturer reported that its nine-month consolidated net loss narrowed to 103.7 million euros from last year’s loss of 107.5 million euros.
Deutsche Post shares were marginally lower. Boeing announced late Sunday that logistics company DHL Express, part of Deutsche Post DHL Group, placed a firm order for nine more 767-300 Boeing Converted Freighters.
Market Analysis
DAX Subdued As Virus Worries Return To Haunt Markets
2021-11-15 09:03:22
