Despite a renewed extension of the lockdown and even the threat of stronger measures, the DAX was able to close in positive territory today.
Today, investors traded cautiously on the German stock market. The German benchmark index closed up 0.3% at 14,657 points. Investors’ main focus is on federal and state advice on the response to the coronavirus pandemic. They could announce at night that the lockdown will be extended until April. The number of infections has increased recently, and the incidence has exceeded 100 in many places.
This will benefit shares of food delivery services and online retailers, which have been under pressure recently. Hellofresh and Zalando were up strongly today while tourism stocks were down.
