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Business

Blue chips break C20 index record

admin
May 26th, 2014


This article is more than 10 years old.

The index of the top Danish shares broke the 800 mark last week

The Danish shares in the C20 index reached a record high at the end of last week. On Thursday morning, the index reached 800 for the first time in its history.

The C20 is a market value index comprising the top-20 Danish ‘blue chips’.

Børsen business newspaper reports that the development can be attributed to particularly good results from the C20 companies in their first quarter. Both of Maersk’s share prices rose by more than 3 percent following the publication of the company’s quarterly results on Wednesday of last week.

Optimism in the market
Analysis of the C20’s start to the year carried out by Nordea shows that 16 of the 19 companies (AP Møller Maersk accounts for two of the top-20 shares) caused their share price to rise following publication of their results.

Encouraging purchasing managers’ indices (PMI) figures in Japan and China and the result of the American central bank’s latest meeting on interest rates are also thought to have contributed to optimism in the market.

The index had dipped slightly by the end of the week, but at the beginning of this week remains just shy of the 800 mark.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”