TUI was one of the German companies, which are hardest hit by the Coronavirus crisis. This was also reflected in the share price development of the travel group. Between early January and mid-March, the prices broke into the peak to 79 percent. But the latest news will make many of the shareholders now hope that it should go for the share to be back up forcefully. TUI 5,07 EUR +0,13 (+2,67%) Xetra
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at midnight, Germany and many other EU States abolished a lot of existing entry restrictions. Poland had opened its own borders to all EU neighbouring countries in the night to Saturday. Spain had announced on Sunday that the limits on the 21. To open June, for visitors from the EU. The first German tourists started on Monday morning in Düsseldorf for a flight to Palma de Mallorca for your holiday in the Balearic Islands.
travel warnings for most of the European countries abolished the
at the same time, the travel warnings of the Federal foreign office from running for most of the European countries. Since midnight, the Foreign office no longer warns on its website in advance of travel to 27 European States. The most main vacation countries of the Germans as, among others, Greece, Italy, Austria, France and Croatia belong to.
TUI-data: marketscreener.com market insights Spain, USA, and Turkey: a Lot of Entry bans will apply to
Four States of the EU and of the Schengen border check-free area will have to wait for the lifting of the travel warning, however. Including Spain. Here, there is still an entry barrier. But also among the 27 countries for which the travel warning has now been lifted, there is a Gradation. So it is advised not to travel to the UK, Ireland and Malta on the website of the Federal foreign office continues to be urgent, because in these three countries, after entry, a two-week quarantine is required. Here is a travel warning, the second class is therefore.
still, the travel warnings are for over 160 countries outside Europe, initially limited until the end of August. This also includes popular travel destinations such as the USA, North Africa, Southeast Asia and Turkey.
TUI-Charter: Stuttgart stock exchange market insights TUI has a sharp slump suffered
The lifting of many restrictions on admission could bring the share price of TUI-new rate boost. After the shares had fallen in mid-March to 2.42 Euro and to its lowest level in the previous course of history, were able to work out the prices again in the range of 4.80 euros.
This barrier has to be overcome
the catch-up rally continue to, there is a need to overcome the 200-day line (8,40 Euro), in the long-term upward trend change back. The next price target would be the November-2019-High at 12.71 euros.
investors who are convinced of a Turnaround of TUI benefit win with a Mini Future Long (WKN: MC9QF1 / ISIN: DE000MC9QF10) leveraged of course.
This article was written by Florian Walther
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