DAX Index plunges to post biggest weekly losses since March

DAX Index closed the week 8.61% in the red to record the worst weekly decline since the beginning of March. The number of new Covid-19 cases across Western Europe has been on the rise in the past few weeks, prompting governments to reintroduce lockdown measures.  Fundamental analysis: GDP rebounds France and Germany have been forced to reimpose national lockdowns in a bid to curb the spread of new infections. Investors’ concerns are mounting that the businesses will continue to struggle over the winter as governments are likely to focus on public health measures.  Eurozone’s GDP rose by 12.7% in the