German shares jump as the nation's economy rebounds

Note: This section contains information in English only.
Source: Dukascopy Bank SA
German shares jumped to their highest level in 19 months after ZEW Center for European Economic Research in Manheim released data that showed investor confidence rose to 6.9, better than the expected gain to minus 11.5, in December compared to last month's minus 15.7.

The DAX index surged 0.75%, or 57.38 points, to 7,587.75 at 16:11 GMT reaching its highest level since May 2011. The gauge has improved 27% since June 5 when it touched its lowest level, as the ECB announced a plan of unlimited bond buying to preserve the Euro currency. All but one sector within the index advanced with Financials postings losses of 0.26%. Among the sectors improving the most were Utilities with a 1.5% increase, Industrials with a 1.29% rally, and Consumer services by adding 1.14%. Meanwhile, ThyssenKrupp AG had the biggest gain in the DAX by adding 6.5%, reaching its highest level since May 2011. Since a gauge of utilities showed the biggest increase on the Stoxx Europe 600 index, EON SE and RWE AG added 2.89% and 2.26%, subsequently. In addition, the luxury car maker Bayerische Motoren Werke edged 1.69% higher, as MM Warburg & Co raised its stock from hold to buy.


Back to articles

Actual Topics

Tue, 11 Dec 2012 17:28:49 GMT

S&P 500

U.S. shares gained on better-than-expected Chinese economic data and the recent development in U.S. budget talks. Yesterday Barack Obama met the House Speaker John Boehner face-to-face at the White House. Representatives of the two leaders revealed no details on their proposal, yet stating that both, Obama and Speaker, leave room for a split-the-difference agreement.The S&P advanced less than 0.1% to

Tue, 11 Dec 2012 17:40:52 GMT

Japanese equities drop as Earthquake expected

Japanese shares dropped led by shrinking Utilities sector as an earthquake may be distract functioning of a nuclear reactor, therefore power suppliers are pulling back the stock market today. Experts say prospects for restarting the nuclear reactors are deteriorating, thus increasing the cost of electricity. That in turn could negatively affect raw-material companies. The Nikkei 225 Stock Average (NKY) dropped

Subscribe to "Fundamental Analysis" feed

تسجيل
كي تعرف المزيد عن منصة تداول دوكاسكوبي بنك للعملات وعقود الفروقات ومعلومات أخرى متعلقة بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات حول التعاون العملي المحتمل,
يرجى الاتصال بنا او ترك طلب لاعادة الاتصال
للمزيد من المعلومات حول منصة تداول الفوركس\الخيارات الثنائية, السوق السويسري للفوركس و اي معلومات اخرى تتعلق بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
كي تعرف المزيد عن منصة تداول دوكاسكوبي بنك للعملات وعقود الفروقات ومعلومات أخرى متعلقة بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات حول منصة تداول العملات المشفرة\عقود الفروقات\الفوركس, السوق السويسري للفوركس و اي معلومات اخرى تتعلق بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات عن الوسطاء المعرفين واي معلومات أخرى متعلقة بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات حول التعاون العملي المحتمل,
يرجى الاتصال بنا او ترك طلب لاعادة الاتصال