German stocks jump despite weak PMI numbers

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Scanpix/Reuters
German equities bounced off recent lows on Wednesday ahead of FOMC statement due later in the day. However, dismal national data capped the upswing. German Ifo Business Climate Index dropped more than forecast this month while manufacturing activity contracted ore than expected in September. The DAX Index gained 0.48% and is currently trading at 7,208.10. Only three in nine sectors included in the index jumped. Technology sector buoyed German stock index. SAP soared 5.47% after announcing that sales of new licenses surged by 12% to EUR1.03 billion. On the downside were utilities, with E.ON and RWE slumping 1.61% and 0.06%.


Back to articles

Actual Topics

Thu, 25 Oct 2012 07:12:52 GMT

Asia stocks fluctuate as earnigs decline

Asia stocks seesaw in Thursday's choppy session, as losses in earnings across Pacific weighed on confidence. The Hang Seng Index was little changed after rising for nine consecutive sessions, but the Shanghai Composite Index fell 0.2%. The Nikkei advanced 0.3% and the S&P/ASX 200 Index added 0.2%, while the Kospi slipped 0.1%.

Wed, 24 Oct 2012 18:49:47 GMT

US blue chips plunged; DuPont led losses on weak profits

US blue chips closed with big losses on Tuesday amid weak quarterly reports and fears that earnings will continue to shrink. Sending the US blue chips lower, Moody's downgraded five regions of Spain. Moreover, cautiousness among investors rose ahead of the FOMC meeting and ECB president's speech due on Wednesday. The Dow Jones Industrial Average Index plunged 1.82% to close

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.