Nov 26, 2021 7:00:00 AM | LGT Navigator
LGT Navigator: New virus variant causes uncertainty
Stock markets in Europe, in the absence of the US stock exchanges, which were closed yesterday for Thanksgiving, ended the series of losses of recent days and posted gains of about half a percent. Concerns about the further development of the pandemic, particularly due to a newly discovered coronavirus variant from Africa, have gripped stock markets in Asia today and are also likely to have a negative impact on Europe's stock markets. Stock market participants expect a positive impulse from today's “Black Friday,” which should provide a welcome infusion to consumption.