Investors in high spirits Why the DAX rushes from record to record

Status: 14.06.2021 4:03 p.m.

While the economy is only slowly picking up pace after the Corona openings, the German stock market does not seem to be stopping. What are the main reasons for the price boom? From Lothar Gries, tagesschau.de The German leading index DAX rose by up to 0.7 percent in the morning and climbed to a record high of 15,802 points – the 23rd record this year. The index has risen by 15 percent since the beginning of the year. The stock exchanges are also in record-breaking mood at the European level. The Stoxx 600 index, comprising 600 values, also climbed 0.7 percent today and reached its 38th high this year with 460.51 points. The stock markets are fired from several sides. The most important driver is the expansionary monetary policy of the central banks in the USA and Europe. Since the European Central Bank (ECB) lowered the key interest rate to zero on March 10, 2016, i.e. more than five years ago, the returns on traditional savings offers from banks and savings banks have also shrunk to such an extent that even risk-averse German investors are looking for alternatives have looked around. In addition to real estate and precious metals, stocks are very popular.

More and more shareholders

In this country there were as many shareholders last year as last year in 2001, as determined by the German Stock Institute (DAI). According to this, 12.4 million people in Germany have invested in the stock market, i.e. they owned exchange-traded securities such as fund shares or stocks. Compared to 2019, that’s an increase of 2.7 million or 28 percent. The downward trend of previous years has thus been completely reversed. After the dot-com bubble burst in 2000, the number of equity investors in Germany steadily declined – until interest rates sank to virtually zero. But the ECB has not only boosted the number of shareholders and thus share investments, it is also active on the capital markets itself. In order to keep the economic effects of the corona pandemic as low as possible, the central bank is pumping many millions of euros into the market every day. To do this, it buys bonds issued by governments and companies. By the end of March 2022, she wants to spend the gigantic sum of 1.85 trillion euros, a number with twelve zeros. A considerable part of it flows into the stock market and drives prices to ever new heights.

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No end of the flood in sight

In the past few weeks, there have been repeated suspicions that the central banks in Europe and the USA will soon be able to turn the money off again because inflation is reporting back and price increases have shot far beyond the monetary authorities’ targets. But both Jerome Powell, the head of the US Federal Reserve (Fed), and ECB President Christine Lagarde initially gave the all-clear. Just today, Lagarde said in an interview with the magazine “Politico” that the time was not yet ripe for a discussion about an end to the crisis bond purchases by the central bank. “It is far too early to debate these issues,” said Lagarde. The economic recovery must be firm, solid and sustainable. Don’t take a patient’s crutches off until the muscles begin to build up sufficiently – so that the patient can move on their own two legs again.

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V-shaped economic recovery expected

In addition, investors are assuming that the pandemic-related restrictions will end soon. “The pandemic is no longer an issue at the latest with the now significantly lower number of new infections, and investors also seem to be able to come to terms more and more with the fear of inflation,” says market expert Milan Cutkovic from brokerage firm Axi. With the decline in Covid-19 restrictions, growth expectations are skyrocketing around the globe. The Organization for Economic Cooperation and Development (OECD) expects the global economy to grow by 5.7 percent this year. For Germany, the federal government expects growth of up to four percent. The prognosis from the beginning of the Corona crisis that there will be a V-effect in which the economy first collapses, but then quickly recovers, seems to be confirmed. This is rather good news for equity investors, because they hope that a growing economy will generate increasing profits and thus rising prices for listed companies.

Price turbulence ahead?

This combination of a zero interest rate policy, a glut of money from the central banks, a growing number of shareholders and the expectation of a rapid recovery in the global economy is driving share prices to ever new heights. But the air is getting thinner. Many investors are watching the Fed’s monetary policy deliberations this Wednesday. It is true that the Fed is not expected to deviate from its current course and end the boom in the financial markets. “But their projections on inflation, interest rates and the economy could cause price turbulence,” says Naeem Aslam, chief market analyst at the brokerage firm AvaTrade.

Park your car in a shady place, avoid direct sunlight This is considered the most effective measure that does not cost money as well as time. You should prioritize parking in basements of buildings or places with shade from trees and tall buildings. If you can’t find such a place and you must park your car in a place where the sun shines, you should pay attention to the direction of the car so that the sun shines from behind, avoid letting the sun shine directly on the driver’s glass because the windshield often has a high degree of sunlight Transparency is higher than other glass, so it will let sunlight into the car compartment causing more damage. Illustration. Lower the windows when parking in a safe place When parking in a place with good security, we can completely lower the car glass 1-2cm so that the wind can circulate into the car and blow away the hot air in the car and partly help the car. hotter. Paste the insulation film for the car There are many different types of insulation films on the market today. Insulating film blocks more than 80% of the heat from sunlight penetrating the glass, cooling faster, saving fuel for the vehicle and reducing the load on the air conditioning system. 99% of ultraviolet rays are also prevented from entering the car, causing damage to the interior as well as affecting the passengers in the car. Use sunscreen On luxury cars, there are often curtains on the doors, when parking, you should pull up the curtains to avoid the sun shining into the car, on cars that are not equipped or the windshield of the car we can buy additional visors. Reflective sun to shield at the window and windshield positions. In the case of parking in the sun without reflective visors, you can completely use cardboard sheets for temporary shielding. Use tarpaulin to shade the car This is a pretty effective accessory to be able to protect the car from the sun. On the market today, there are many different materials and prices, you should choose the tarpaulin with good reflective quality to be able to protect your car in the best way. Use a dedicated umbrella to shade the car This accessory is also quite effective, but because the installation and disassembly is quite complicated and time-consuming, it is rarely used by the brothers. Start the car a few minutes before departure Before you get in the car and start, you should open all the car doors so that the wind can push in all the hot air from the inside of the car, then start the car and close the door. On new cars today are often equipped with a remote start system, before getting in the car you can start the engine by pressing the button on the key first and wait for 3-5 minutes for the air conditioning system to work. cools the car and then you can comfortably get in the car.

As life expectancy increases, it means that we will have to live with many chronic health problems such as cholesterol, diabetes, heart disease, cancer, etc. and must take drugs to control these conditions. However, when the disease is stable or in good progress, some drugs will be considered to be discontinued to minimize “multi-drug” and adverse interactions. The scientists found that, among more than 29,000 adults aged 65 and older, who stopped taking cholesterol-lowering medications (while maintaining other medications), had an increased risk of having a cardiovascular emergency. and death. “The results of this study suggest that cutting back on statins may not be the optimal way,” said lead author Federico Rea, of the University of Milan. The patients in the study were taking a statin (such as lipitor) along with blood thinners, blood pressure medications, and diabetes medications from October 1, 2013 to January 31, 2015, and were followed up until January 31, 2015. ends June 30, 2018. Compared with those who continued to take statins, patients who stopped taking them were 24% more likely to need hospital care for heart failure, 14% more likely to have certain other heart conditions, and more likely to die. mortality from any cause is higher than 15%. They were also 12% more likely to need emergency treatment. Because the benefits of statins outweigh the risks in terms of cardiovascular protection, physicians should carefully consider discontinuing their use in elderly patients, the researchers said. Often doctors and patients want to cut off certain medications in the elderly, to avoid having to take multiple medications at once, reduce drug burden, and limit drug interactions… However, this is not always the case. is a safe choice. When deciding to discontinue medication, the physician should carefully consider the evidence based on it. Dr. Benjamin Hirsh, Sandra Atlas Bass Heart Hospital said. The American Heart Association recommends starting statins before age 75 for patients who need it, and continuing it in patients over 75 years of age who can tolerate it. This study further reinforces the benefit of continued statin treatment in older adults, even among those taking multiple other medications. Dr. Gregg Fonarow, University of California said. Jade ( According to Drugs 6/2021 )

Selena Gomez stunned fans by showing off her new, unrecognizable look. In just a short time, Selena has shed the image of a good girl and pursued a trendy mature style. Light hair color not only highlights the contours of her face but also helps Selena refresh her image after years of loyalty to dark brown hair. The “disney princess” visual this time made people stir, especially she looked as beautiful as a goddess. “It’s only now that she’s beautiful, she has found the right hairstyle of her life”, a netizen had to say when she saw Selena’s hair. After nearly 2 decades, the audience has a chance to see Selena dye her hair platinum and pursue a sexy and seductive style Fans confirm that the singer’s voice, beauty and career have all returned to their peak as before. But less than a month later, her appearance once again made people “fall back” because of this rapid change. However, in the new video posted by Vogue, netizens realized that she had gained weight and her beauty had suddenly dropped dramatically. In the new video posted by Vogue, netizens realized that she had gained weight and her beauty had suddenly dropped dramatically. The wavy blonde hair on her shoulders could not hide her round face and double chin. Besides, what viewers feel is something wrong is the white makeup plus thick glossy lips. Many people commented because the way the makeup was too “dipped” the beauty, so from afar, Selena’s face could only be seen… lips. The wavy blonde hair on her shoulders could not hide her round face and double chin. As a person who easily gains weight, fans are not too surprised by her plump appearance because it only takes a few days of practice to make her beautiful and attractive. This is not the first time Selena has gained weight in such a short time. However, her body type is very easy to get back in shape, so fans are not too worried. From a distance, the most striking thing is the brilliant red lip gloss Looking back at the images of Selena in the last comeback, the audience still has to agree that this is the peak of the beauty of the 28-year-old vocalist. Looking at the side angle, her beautiful chin is clearly visible, some fans even teased that she couldn’t see Selena’s chin anymore! Before that, Selena’s brown hair beauty made fans “faint” many times because she was so pretty

Ms. Bea Yuri, the representative of Gangwon province, introduced the culture and potential of cooperation between Vietnam and Korea in the online signing ceremony. Korea is currently a developed country with a strong capacity in capital, science and technology and rich development experience, is deeply involved in the global value chain, and is in need of a young and large market to continue. development momentum. Vietnam is a dynamic developing country that actively integrates into the world. Vietnam is a suitable destination with a golden population structure with nearly 100 million people, nearly 70% are aged 15-64; Vietnam and South Korea are two countries with unique factors that contribute to bringing the two countries’ relations closer and closer, facilitating the expansion of investment cooperation. The two sides have established dialogue mechanisms on economic cooperation, besides the culture between the two countries Vietnam and Korea have many similarities. The people of the two countries have a deep understanding of each other’s customs and practices, and the population of one country in the other is large; Before the Covid-19 pandemic, traffic between the two countries was increasingly convenient with more than 1,000 flights per month. Representative of Kotra Vietnam – Korea Company, Icon International and Asean Healthcare Company at the cooperation signing ceremony Today’s event marks an important step towards implementing Korea’s trade promotion, investment and technology transfer cooperation programs into Vietnam. Kotra Vietnam – Korea, Asean Healthcare are the exclusive distributors in Vietnam market of many lines of pharmaceutical products – cosmetics, functional foods, health promotion products, air cleaning, disinfection, insurance. protect living environment. In the context of the global crisis caused by the epidemic, the Korean partner has designed and developed many technological solutions, comprehensive solutions for health protection and disease prevention through special products. : IONIC – Air purification system, sterilization, virus removal in cars, families, schools, hospitals, offices, and crowded areas; HEYO – Water electrolyzer, disinfection, VirusKill – Antibacterial wearable in the air; Alkaline-rich Hydrogen generator…
Representative of Gangwon province Ms. Bea Yuri shared: “In recent years, provincial leaders have made great efforts to cooperate with the government and localities in Vietnam to promote exchanges between people, entrepreneurs and businesses. Currently in the context of the Covid -19 epidemic that is turning the world upside down, affecting all aspects of people’s lives, stagnating trade and investment, and declining health, we hope to approve the signing of the agreement. This cooperation will further promote the support of high technology transfer, increase import and export, and develop investment in Vietnam.” Mr. An Jun Sun General Director of Kotra Vietnam – Korea introduced the products at the launch ceremony Speaking congratulating the signing ceremony of strategic cooperation, Mr. Vu Minh Ly – Deputy Director of the Center for Communication of Resources and Environment (Ministry of Natural Resources and Environment) highly appreciated the efforts of the parties in promoting and implementing a cooperation program, this is a practical and beneficial direction for consumers to have more proactive health care and protection options that Korean friends have researched and developed technology to deal with, prevent The fight against the Covid epidemic is going on as complicated as it is today.
At the signing ceremony, the units officially launched to Vietnam market a product line for environmental protection, proactive disease prevention, VirusKill wearable card, Ionic device, Heyo… Besides, Kotra Vietnam – Korea and Asean HealthCare cooperates with businesses in Vietnam to cooperate in investment, technology transfer, production, and bring to consumers in Vietnam many high-quality products and technologies, proactive health care. such as functional foods made from Red Ginseng, Cordyceps; Herbal cosmetics, alkaline Hydrogen water purification equipment…. distributed in Southeast Asia and the world.
In the context that Vietnam and other countries around the world are learning how to live with newly arising diseases and Covid-19 is complicated, the product Heyo – Ionic – Virus Kill will be a useful tool. for the community to help protect their own health and protect the living environment.

This manufacturing company now owns a phone and electronic equipment factory with an annual design capacity of 125 million devices. In the most recent year (2020), VinSmart said it sold 1.95 million smartphones to the market, up 225% compared to 2019 sales (600,000 units). One of the two production components of Vingroup With record-high phone sales, VinSmart also became the third largest smartphone supplier in the domestic market with 12.7% market share. This is the first time a Vietnamese phone brand is in the top of the largest manufacturers and consumers in the market. VinSmart sold more than 1.95 million smartphones to the domestic market and exported 1.3 million units in 2020. Photo: Gemini. Notably, in addition to selling phones in the domestic market, in the past year, VinSmart also for the first time recorded revenue from outsourcing and manufacturing original equipment for foreign partners. In it, the company said it had signed a contract and started exporting smartphones to US carriers and foreign customers, with an output of 1.3 million units last year. Returning to the domestic market, VinSmart has now launched 18 smartphone models in the segments from popular to high-end. In addition, this manufacturer has also begun to expand its product portfolio to other electronic devices such as electronic components, air purifiers, etc. In 2020, VinSmart has also become a partner for manufacturing components. blower components for Medtronic PLC ventilators, exported to the US and Ireland. In addition to the production of phones and electronic devices, VinSmart is also the enterprise in charge of building a technology ecosystem for Vingroup’s real estate projects with three core products, including Smart city (member of Vingroup). smart city), Smart home (smart home) and Smart services (digital services). Currently, VinSmart is the contractor in charge of deploying smart city solutions in all 3 major urban areas of Vinhomes including Vinhomes Ocean Park, Vinhomes Smart City (Hanoi) and Vinhomes Grand Park (HCMC). Manufacturing is not prioritized? In the latest announcement, Vingroup announced that it will close VinSmart’s TV and mobile phone production segments to focus on developing high technology for VinFast. This move follows after Vietnam’s largest private group had to withdraw from a series of previous business activities to focus on industry and technology. In fact, although it is one of the two components forming the production division of Vingroup, VinSmart’s activities are always invested much less than VinFast. Specifically, in terms of both investment scale and business results, VinSmart is still very modest compared to car and electric vehicle manufacturers with the same owner. According to the separate financial report of parent company Vingroup in the first quarter, the original value of Vingroup’s investment in VinSmart is estimated at nearly VND 5,000 billion, an increase of more than VND 2,000 billion compared to the beginning of the year. However, this figure is less than a quarter of the value of Vingroup’s investment in VinFast, reaching VND 22,007 billion at the same time. The scale of investment and production activities of VinSmart is much smaller than that of VinFast. Photo: Hoang Ha. Despite being one of two subsidiaries that received additional capital through direct investment in the first quarter, the value of Vingroup’s investment in VinSmart is currently only fifth and much lower than other businesses like Vinhomes (22,981 Billion); VinFast (22,007 billion); Vinpearl (16,992 billion); Vincomerce Holding (5,928 billion). In previous years, the investment in VinSmart was also in the middle and low group of Vingroup’s long-term financial investments in subsidiaries. Regarding business results, because VinSmart’s operating report has not been published in detail, the company’s revenue and profit is still accounted for in the production department along with VinFast. In 2020, the revenue of Vingroup’s production division (including VinFast and VinSmart) reached over VND 18,000 billion, an increase of more than 80% compared to 2019. In which, the leader of this group said revenue increased sharply in the year. thanks to increased sales of cars and smartphones. However, as planned by the leadership of this group continuously, Vingroup’s production division in the same year had a pre-tax loss of nearly VND 14,000 billion. In the first quarter of this year, manufacturing was also one of Vingroup’s high-growth business divisions along with real estate. Revenue from this activity brought the group a total of VND4,825 billion, up 44% over the same period. However, the business results report by division of Vingroup said that this business segment still has a pre-tax loss of 4,814 billion. With the cessation of smartphone and television production, in the coming time, VinSmart will focus mainly on high-tech development for VinFast and partly on Vinhomes’ real estate projects. In addition, part of the factory will be used to process for partners, the rest will be expanded and adjusted to produce new products.

In addition, the Chairman of the Provincial People’s Committee requested to stop festival activities, religious ceremonies, sports tournaments, gathering events (over 20 people) in public places, stadiums and other major events. really necessary. Encourage outdoor sports activities, no close contact. In addition, continue to stop non-essential business establishments such as: amusement parks, entertainment, karaoke, massage, bars, game shops, internet, discos, cinemas, gyms (gym, yoga,…). The filial piety and joy (wedding, mourning, party, house party, etc.) are held, but not with more than 20 people; encourage people to organize simply and neatly, limiting the number of people to gather. Restaurants, shops, and food service establishments are allowed to serve less than 20 people/place. Temporarily suspend the reception of tourists (outside the province and foreign visitors) to Ly Son island.

Tourists visit the Parthenon at the Acropolis archaeological site in Athens, Greece. (Source: Reuters) In order to attract tourists back to the beautiful islands, Greece has sent the country’s Tourism Minister Harry Theoharis 3 days to the UK to convince one of the biggest tourist markets of “ The land of myths .” According to the announcement of Greece, Minister Theoharis will meet with British Foreign Secretary Nigel Adams to discuss the tourism market in the context that Greece is gradually easing travel restrictions. It is expected that Mr. Theoharis will also work with British Airways, EasyJet and Jet2 – airlines that have regular flights to Greece. In 2019, before the COVID-19 pandemic occurred, there were about 3.5 million British tourists on vacation in Greece and now the country wants to attract visitors from “The Land of the Mist”. blind” returns to the beautiful Greek islands in the coming months after gradually easing restrictions and blockade measures that have been imposed for months to combat the COVID-19 epidemic. Tourism contributes a quarter of the Greek government’s annual revenue, and Athens wants to convince tour operators that the country is safe to visit. Earlier, on May 10, Greek Prime Minister Kyriakos Mitsotakis, after talks with his Spanish counterpart Pedro Sanchez, emphasized that Athens is one of the first capitals of the EU, along with Madrid, to support the idea of ​​a “vaccination certificate” to allow the resumption of tourism. Despite imposing a partial blockade since November 7 last year, Greece is still recording more than 1,500 cases COVID-19 /day, mainly in Athens, in which there are dozens of deaths and hospitals are always overloaded. In order to restart tourism, which has fallen into stagnation, since the beginning of April, the country has gradually reopened non-essential shops and cafes. On May 10, all schools were allowed to reopen after 6 months of closure. Under the new rules, students and teachers will have to self-test for the virus twice a week. Nearly a month ago, the 7-day quarantine rule was lifted for all visitors from the EU, the US, UK , Israel, Serbia, United Arab Emirates and some other countries. However, the UK has so far ranked Greece on the “amber travel list,” meaning Britons returning home from Greece must undergo at least five days of quarantine. At the highest level, the “travel red list” requires returnees to be isolated for 10 days.

Established in June 2018, VinSmart is one of the two main companies operating in the Vingroup’s manufacturing division, along with car and electric car manufacturer VinFast. This manufacturing company owns a telephone and electronic equipment factory with an annual design capacity of up to 125 million devices. VinSmart smart electronics factory in Hoa Lac Hi-Tech Park. Photo: Vingroup In Hoa Lac Hi-Tech Park (Hanoi), the complex factory of VinSmart has a total area of ​​up to 15ha, of which, construction area of ​​phase 1 is only 4.8 ha. At the factory in the first phase inaugurated in November 2019, the production area reached 4.5 hectares, including the electronic circuit board manufacturing subdivisions, phone manufacturing and independent research institutes. designed capacity of 26 million devices / year. Half a year after its inception, the company launched its first four smartphone lines. After two and a half years, the total number of VinSmart phone models has increased to 18 lines, of which the first product appeared in the high-end segment, and successfully produced terminals supporting 5G technology. . In 2020 alone, VinSmart said it sold 1.95 million smart phones to the market, an increase of 225% compared to 2019 sales (600,000 units). With record high phone sales, VinSmart also became the 3rd largest smartphone supplier in the domestic market with 12.7% market share. This is the first time a Vietnamese phone brand is in the top manufacturers and consumers in the market. As of early 2021, VinSmart’s distribution network of mobile phones has expanded with 10,000 retail agents, 4 customer care centers and 101 warranty points. Notably, not only consuming phones in the country, last year, VinSmart also recognized for the first time revenue from processing and manufacturing original equipment for foreign partners. VinSmart said that last year it signed a contract and started exporting smartphones to US carriers and foreign customers, with a production of 1.3 million units. In addition, the manufacturer also expanded its product portfolio to other electronic devices such as electronic components, air purifiers … In 2020, VinSmart also became a partner in manufacturing air blower components. supplied to Medtronic PLC’s series of ventilators, exported to USA and Ireland. Not only that, VinSmart is also in charge of building technology ecosystems for its real estate projects with three core products including Smart city (smart city), Smart home (smart home) and Smart. services (number services).