Dozens of forecast changes on the German stock exchange

The corona crisis is overturning the forecasts of listed companies. Since the beginning of the year, there have been 59 forecast changes in the 160 companies listed in the Dax, MDax and SDax indices, as counted by the service provider for financial communication EQS in Munich (as of April 1, 6:00 p.m.). The company did not determine whether the individual changes in the outlook were triggered by the corona pandemic. However, the fact that the vast majority at 51 occurred after February 16, when the crisis was picking up speed, suggests a connection.

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