629

News

Tough year for the C25 index

Loïc Padovani
January 2nd, 2023


This article is more than 1 year old.

Tremors are being felt throughout the global banking sector (photo: mcgillbusinessreview.com)

For Danish shareholders, 2023 couldn’t have come quick enough.

With the War in Ukraine, huge inflation and some big interest rate jumps, the C25 index had a very difficult year in 2022.

“All in all, it has created the worst investment year since the financial crisis in 2008 and 2009, in which all asset classes have been affected – with just a exceptions,” Brian Kudsk, the CEO of Artha Asset Management, told Børsen.

Not the only country though
In 2022, the C25 index fell by 13.5 percent over the whole year, including a 0.7 percent dip on the last trading day of the year.

But in general, shares fell across the world, with benchmark indices leading the way.

The S&P 500, for example, ended the year 19.4 percent down.


Share

Most popular

Subscribe to our newsletter

Sign up to receive The Daily Post

















Latest Podcast

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.”