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FRANKFURT (dpa-AFX) – Donald Trump’s infection with the corona virus unsettled investors on Friday. Less than five weeks before the election, the 74-year-old US president now has to quarantine his official business – and put campaign appearances on hold. Things went downhill on the German stock market as well as internationally, albeit only moderately in the end.
The Dax (DAX 30) was able to significantly reduce its minus from at times up to 1.5 percent in the last hours of trading and went 0.33 percent lower at 12,689.04 points over the finish line. Despite four losing days in a row, he was able to achieve a weekly plus of 1.8 percent thanks to a strong Monday. The MDAX of medium-sized stocks fell 0.36 percent on Friday to 27,249.15 points.
According to Helaba expert Christian Apelt, it is currently difficult to assess whether the infection will affect the US president’s chances of being elected. “Above all, the disease is an additional factor of uncertainty,” said the expert. Investors therefore preferred investment opportunities with less risk. The US labor market data also failed to encourage access to stocks./tih/he