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Börse Express – European stocks: a little easier

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Europe’s stock exchanges are open on Friday afternoon
stepped in place. The recovery in the US markets in the course of trading
Thursday brought no new momentum. Also at the end of the week
the spread of the corona virus dominated the
News. The World Health Organization (WHO) had on
Thursday night the virus spread to a “health
An international emergency “. The European
Leading index EuroStoxx 50 lost 0.4 around noon
Percent to 3674.74 points.

“The fear of a global spread of Chinese
Coronavirus has a firm grip on the media and financial markets, ”
economist Stefan Bielmeier said in a commentary by DZ Bank
firmly. “If there were to be a serious pandemic, it would be
the economic consequences are certainly very drastic, as it
Main nerve of the networked global economy would hit. “That
Bielmeier currently estimates the risk of such effects as
low one. However, the economic
Leading indicators will deteriorate in the coming weeks.

The French leading index Cac 40 developed
similar to the Euro Stoxx 50 and recently quoted 0.45 percent
lower at 5845.31 points. For the London FTSE 100
it went down 0.68 percent to 7331.69 points.

The strongest sector was media stocks. The heavyweight Vivendi
advanced by 0.4 percent thanks to a positive analyst vote. in the
The banking sector, which eased slightly, outperformed Spanish stocks
how negative emerges. While the CaixaBank shares rose 1.9 percent
advancing, Banco de Sabadell slumped 10.7 percent. BBVA
developed less than 0.5 percent
spectacular. The reason for the price fluctuations were the quarterly figures.
CaixaBank had exceeded expectations, the loss of Banco
de Sabadell, however, still the most pessimistic expectations
undercut.

Electrolux shares got after the report
also under pressure for the fourth quarter. The Swedish
Household appliance manufacturers had presented good figures like that
Citigroup analysts noted. But the outlook is negative
gewesen./mf/fba

 ISIN  GB0001383545  FR0003500008  EU0009658145  EU0009658160  EU0009658921

AXC0160 2020-01-31 / 11:47

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