|Bid||50.09 x 1000|
|Ask||50.12 x 1800|
|Day's Range||49.51 - 50.32|
|52 Week Range||36.15 - 64.94|
|Beta (5Y Monthly)||0.17|
|PE Ratio (TTM)||41.13|
|Forward Dividend & Yield||1.40 (2.84%)|
|Ex-Dividend Date||Feb 25, 2021|
|1y Target Est||N/A|
European shares rose on Wednesday as sectors primed to benefit from economic recovery were supported by strong German growth data, although concerns over a possible rise in inflation and lofty equity valuations kept gains in check. The pan-European STOXX 600 ended 0.5% higher, with Germany's DAX adding 0.8% as data showed bullish exports and solid construction activity helped Europe's biggest economy to grow by a stronger-than-expected 0.3% in the fourth quarter. "The market has fallen recently due to lofty valuations, but investors are becoming more accepting of the fact that as European economies slowly reopen and earnings improve, the current equity valuations could be justified," said Chris Beauchamp, chief market analyst at IG Group.
Ghana on Wednesday become the first country in the world to receive COVID-19 shots through Covax, the World Health Organization’s global vaccine-sharing initiative aimed at helping ensure a fairer distribution between rich and poor nations. Launched last April, Covax, which is also backed by Gavi, known as the Vaccine Alliance, and the Coalition for Epidemic Preparedness Innovations, is designed to ensure all vaccines are shared equitably among all nations.
New variants of COVID-19 risk a third wave of infections, and so Germany must proceed carefully so that a new complete nationwide shutdown does not become necessary, Chancellor Angela Merkel told the Frankfurter Allgemeine Zeitung. "Because of (variants), we are entering a new phase of the pandemic, from which a third wave may emerge," Merkel said. "So we must proceed wisely and carefully so that a third wave does not necessitate a new complete shutdown throughout Germany."