German DAX index lower on weak Spanish data

Note: This section contains information in English only.
Source: Dukascopy Bank
German DAX index experienced a choppy session on Monday as data from Spain showed its unemployment climbed in March while 1st quarter GDP contracted for a second time indicating recession. On the positive side Adidas rallied 5.2% after sportswear producer posted a 38% gain in first-quarter profit. Volkswagen AG added 1% after J.P. Morgan Cazenove kept unchanged its stock rating at overweight and lifted price target to EUR 206. At the moment of writing DAX index is 0.29% or 19.9 points down at 6,781.40.     
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