The Frankfurt Stock Exchange opened lower on Friday, the Dax losing 0.38%, in a market again won by concern over the health crisis. At 9:12 am, the flagship index lost 53.47 points to 13,935.23 points, while the MDax of average values fell 0.63% to 31,374.63 points. “Despite progress in vaccination campaigns, the pandemic is still far from under control», Estimates Milan Cutcovic, pure AXI analyst.
In Germany, the threshold of two million recorded Covid-19 cases was crossed on Friday, as the country prepares to put in place new measures against the pandemic. Chancellor Angela Merkel pleaded Thursday evening for tighter restrictions in Germany, where partial confinement is already imposed, and called for a meeting of the authorities as early as next week.