The stock market day: Dax wants to recover after the SAP shock

Of the Dax will start higher according to calculations by banks and brokerage houses. Because of investors' fear of renewed restrictions in the fight against the corona pandemic, it yesterday yielded 3.7 percent to 12,177 points, falling to its lowest level in almost four months. In addition to the discussion about new pandemic requirements, this was also due to the disappointing business figures of the Dax heavyweight SAP.

Dax 12,125.24

In Germany and many other European countries, the number of new corona infections is currently increasing rapidly. According to a report, Chancellor Angela Merkel is planning one "Lockdown light"to get the pandemic under control again – schools and shops should remain largely open, but restaurants and events should be closed. Restrictions could be decided on Wednesday at the Prime Minister's Conference.

Investors also focus on the Business figures a number of companies. The plastics group Covestro earned significantly more on balance in the third quarter. The commercial kitchen supplier Rational reduced the gap in sales and profit in the third quarter, but does not trust itself to make a forecast due to the corona crisis. The results from Microsoft, BP, Pfizer, Eli Lilly and HSBC are expected from abroad.

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