(RTTNews) – German stocks replaced little in mediocre operations on Monday, as investors remained at the economic dangers associated with the coronavirus pandemic in the region.
Fears about a momentary wave of coronavirus infections in Germany are developing after the country experienced the largest accumulation of recorded cases of coronavirus last Saturday.
Elsewhere in Italy, last week’s new cases were more than double what were recorded three weeks ago.
Investors were also reacting to emerging tensions between the UNITED States and China and to the Chinese central bank’s resolve to inject liquidity into its banking formula for lenders to manage long-term government bond sales.
Carmakers BMW and Volkswagen rose slightly, while Commerzbank and Deutsche Bank banks fell.
Travel stocks continue to fall, with Lufthansa falling 1.7% after the UK added France and countries to its quarantine list last week.