
Sieben Dinge, die für Anleger heute wichtig sind
Four cases of the coronavirus have now been confirmed in Bavaria. So far, investors have shown little nervousness, the Dax is expected to rise slightly.
Düsseldorf The corona virus continues to spread. There are now four cases of lung disease in Germany. However, investors are still cautiously optimistic: Wednesday's leading index Dax is slightly up on off-exchange trading platforms before the start of trading in Frankfurt. Previously, New York's Wall Street and the Tokyo Stock Exchange made up lost ground.
Already the first German corona virus case on Tuesday had hardly affected the Dax: the Frankfurt stock exchange barometer closed 0.9 percent up at 13,324 points. Portfolio manager Olivier Marciot from the asset manager Unigestion warned, however: "The optimists are beginning to doubt." The corona virus could "trigger a broader change in mood".
In fact, according to a leading Chinese lung expert, the outbreak of the coronavirus in China could only peak in seven to ten days. "It is very difficult to predict exactly when the outbreak will peak," Zhong Nanshan, head of the national team of experts in the fight against the virus, said in a Wednesday interview with the official Chinese news agency Xinhua. "But I think the maximum will be reached in a week or ten days - and there will be no major increases after that."
The expert does not see a vaccination so quickly. The development will take three to four months or even longer. Therefore, "early detection and early isolation" are crucial to get the virus under control.
1 - Requirements from the USA
Gains in technology and financials boosted Wall Street on Tuesday. Investors were relieved to hear from the World Health Organization (WHO) about the coronavirus outbreak in China. The WHO was confident that the government in Beijing could bring the situation under control. "China is doing everything it can to contain the virus," said market strategist Ryan Detrick of financial adviser LPL Financial.
The Dow Jones index of standard values ended trading 0.7 percent higher at just under 28,723 points. The broader S&P 500 rose one percent to 3,276 points. The index of the technology exchange Nasdaq climbed 1.4 percent to almost 9,270 jobs. At the beginning of the week, all three had suffered heavy losses.
2 - Specifications from Asia
After the recent increase in virus cases, the Asian stock markets are contradictory: the Tokyo stock exchange initially showed greater strength on Wednesday. The Nikkei index, which comprises 225 values, was 0.5 percent higher at 23,326 points. The broader Topix index rose by 0.4 percent and stood at 1699 points.
The stock exchange in Shanghai, however, was 2.8 percent in the red. The courses faltered due to the fear of the economic effects of the new pathogen. The index of the most important companies in Shanghai and Shenzhen lost 3.1 percent. The MSCI index for Asian stocks outside Japan fell 0.6 percent.
3 - Tesla provides numbers
The e-car pioneer from Palo Alto reports on his final quarter this Wednesday. Just a few days ago, Tesla's market cap surpassed the $ 100 billion mark for the first time. The US company replaced Volkswagen as the second most valuable car manufacturer in the world.
The price jump of the Tesla share was the preliminary high point of a rally that picked up speed in October. The share price has more than doubled since the electric car maker posted a surprising third quarter profit and reported progress in its new factory in China. Since the beginning of the year alone, the share certificates have increased by more than 30 percent.
4 - Boeing reports on the final quarter
The U.S. aerospace company will present its fourth quarter and full year 2019 results today. Experts expect catastrophic numbers. The ban on flying for the short and medium-haul 737 Max, which has lasted for almost a year, has meant that the group can no longer deliver its coveted aircraft. So in addition to sales, cash flow is also missing.
The new CEO David Calhoun should also pack all the burdens from the crisis as far as possible into the 2019 financial statements. It is therefore all the more exciting to see what outlook Calhoun will provide for 2020 and the following years.
5 - US tech companies take stock
With Microsoft, Facebook and AT&T, three large US companies are presenting their figures. While Facebook and AT&T report on their final quarter, Microsoft publishes the figures for the second quarter of its fiscal year. The mood had recently heated up against the US tech companies, especially against Facebook. Critics are increasingly advocating greater regulation of the social network.
