Germany's Draegerwerk, Quiagen stocks profit from virus

Draegerwerk AG & Co KGaA

27/02/2020 09:13

FRANKFURT, Feb 27 (Reuters) - Shares in German manufacturer
of protection masks Draegerwerk  DRWG_p.DE  and medical test kit
maker Qiagen  QIA.DE  rose in early trade in Frankfurt on
Thursday as both benefited from business related to the
spreading coronavirus epidemic.
    While financial and energy markets worldwide are slipping on
growing signs the virus is curtailing business, a few sectors
have been spared or are increasing activities.
    M-Dax listed Qiagen, which said it shipped a newly developed
testing kit for the novel coronavirus to four hospitals in China
for evaluation, hit an intraday high of 34.09 euros, up 4.4%.
    Draegerwerk which makes breathing protection and medical
equipment was up 4.7% at 53.8 euros.

 (Reporting by Vera Eckert, editing by David Evans)
 ((vera.eckert@thomsonreuters.com; +49 69 7565 1228; Reuters
Messaging: vera.eckert.thomsonreuters.com@reuters.net))