Dax starts the first half of the year with a loss

adminonMarch 24, 2023May 3, 2023Leave a Comment

dax starts the first half of the year with a loss

Only briefly did good news from vaccine research on covid-19 and US economic data provide some tailwind from wall street. At the closing bell, the german benchmark index was lower again at minus 0.41 percent at 12.260.57 points.

The day had started with delays: in the morning, a technical disturbance at the start had brought xetra trading on the german stock exchange to a standstill for around three hours. After that, trading for the dax was almost invariably in the loss zone. The mdax was a different story, buoyed among other things by strong gains in crisis winners such as food supplier delivery hero, battery manufacturer varta and cooking box mail order company hellofresh, with a premium of 0.93 percent at 26.080.66 payers closed.

The previous day saw the end of an extreme first half of the stock market year, which was marked by the corona pandemic with a drop of around 7 percent. In the second quarter, however, the stock market barometer recorded a substantial increase of almost 24 percent. In the month of june, the share price rose by a good 6 percent.

Investors are currently torn between fear of the economic consequences of another corona wave and hope for a continued recovery of the economy. U.S. Economic data published in midweek on sentiment in industry and on the private sector labor market also point to a recovery after the corona shock. In addition, positive initial study results from the german drug researcher biontech and its US partner pfizer raised hopes for a vaccine against the new coronavirus.

Among the individual stocks on the frankfurt stock exchange, airbus shares were among the winners at the end of the day after an initially weak price reaction, with a price gain of around one percent. The aircraft manufacturer wants to cut 15 aircraft worldwide due to the aviation crisis.000 jobs cut – 5100 of them in germany alone. The shares of the fashion group hugo boss, on the other hand, fell by almost two percent despite the news of the planned significant expansion of the online business.

The wirecard shares, which have now degenerated into a gambler’s stock, once again experienced turbulence. They lost 16.2 percent to 4.80 euros, after the price had more than quadrupled in the two preceding days compared with the closing price on friday. The payment processor, which is involved in a balance sheet scandal, will probably be broken up and sold. According to the preliminary insolvency administrator michael jaffe, numerous investors from all over the world have already signed up to acquire individual business units.

The eurostoxx 50 closed 0.17 percent weaker at 3228.45 points. Similarly high losses were recorded by the cac 40 in paris and the FTSE 100 in london. In new york, the dow jones industrial almost treaded water at the european close of trading.

The euro gained ground and last traded at 1.1258 U.S. Dollars in evening trading. The european central bank (ECB) had previously set the reference rate at 1.1200 (tuesday: 1.1198) dollars. The dollar had thus cost 0.8929 (0.8930) euros.

On the german bond market, the rex bond index fell by 0.18 percent to 144.97 points. Yield on circulation rose from minus 0.49 percent the day before to minus 0.45 percent. The bund future recently fell by 0.43 percent to 175.42 points.

Isaf commander: we will continue to fight even after 2014

But: "if you’re advising an afghan battalion in combat, imagine yourself in combat," the u.S. General told the "financial times deutschland". "Here a distinction is made where there is almost no difference."

At the end of 2014, responsibility for security is to be fully handed over to the afghan army and police from the isaf protection force, which currently pays 130,000 soldiers. Germany is currently involved in the mission with just under 5,000 soldiers.

"The german special forces are very important for the training of the afghan army," said allen. Furthermore, the USA, germany, great britain and france had promised the afghans the deployment of national contingents. "We still have to decide whether we want to push them ourselves or help them push," said allen.

The isaf chief explained that afghanistan’s army and police should shrink. Although the current goal is to increase afghan security forces to just over 350,000, only around 220,000 to 230,000 afghans should be on duty later, said all. He shared concerns that reducing the size of the army could give the radical islamic taliban a foothold: "if you reduce a large army that was built up in times of conflict in the post-conflict period, there is a risk of instability."

A braided school mare for the first day of school

I thought, when my daughter was five years old, that I would make the school bag for my children myself. There's still a year to go, so I'll think of something. And in fact I had an idea: in fact, you must be able to weave such a thing, I thought to myself.

Braiding? My daughter was enthusiastic and we got started. That is, first we had to consider everything possible: where to get the beams? How thick and how long they have to be? How do they all stick together at the bottom? And how do they know that they must be much further apart at the top than at the bottom??

We cut the poles on the banks of the river main. Not too dark and as straight as possible they should be. Willow, hazelnut, everything was fine for us. We wondered how many we would need. We took about 20 sticks with us, freed them from branches and leaves and then picked them up in the garden.

"What to do?"

"What to do?", asked an employee of alexander schardt AG. Because if you want to weave, you need material and that is procured in michelau. "A school sausage, soso, dou langd des dunne dou." so quickly we were richer by a bundle of peddigree.

"Only peddig looks boring, mama", my daughter objected. So something else had to be made, something more colorful should decorate the bag – of course in the favorite colors. So we didn't give our knitting dolly any more peace and quiet, and hooked long, thick chains of air stitches.

Staken, peddig, wollketten, allmahlich our collection was complete. Now all that was missing was a roll of bast and a pizza box. Raffia to keep the bottom of the bag tight and holes in the box to keep the top of the bars in the shape of the school bag.

When this blank was finally finished, fixed at the bottom with raffia and at the top with cardboard, i wiped the sweat from my brow and started to buy a schoolmarm made of cardboard. But by then my daughter had already set to work.

Once started, finished in no time

As eagerly as patiently she wove her first and darkest chain of air stitches into the blank at the narrowest point. "Can you hold this?", she asked and held out the pizza box to me. Margherita, I smelled and twisted and squeezed and pulled a little tighter than a child's hands could manage.

A few air stitch chains and peddig thread soaked in water later the school tute held without margherita cardboard and scent. And finally my daughter beamed, because the school mare was rough enough, and
after some like hold actually the edge?-thoughts and thoughts ready.

And she was a hit on the first day of school. "It fits a lot more than mine", said the bench neighbor. "I did not know how to do it, said his mama. "You have to come up with an idea like that", said the teacher. And i wondered. Why shouldn't a child who starts school in the german wicker town of lichtenfels have a woven school mare?? Then my son plucked me by the arm. "Mom, i want to braid my school mare together with you too." so we started again two years later.

Basketry becomes a family tradition

And a few days ago it was time for the third time. My daughter and her brother wove the difficult beginning. She has just as much practice as I do – and definitely more talent. Then she showed him how it's done. I held on like i did at the top, printed and pulled a little and had the scent of margherita in my nose again.

My daughter collects souvenirs from every school year in her school bag. My rough son keeps his school mare on the window sill. "I always see them there", he says.
Today my third child is carrying his school bag across the market square to the elementary school on the market square. Passing the city workers who are just putting up the main stage where the new corbstadt queen will be crowned on saturday.

What's inside? Nothing at all. "I'm not blod and drag all this stuff to school", he says. "I look at what's in it beforehand and then leave it at home."

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