German manufacturing data pushes stocks upwards

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
German stocks rose after 3 days of losses after reports showed that manufacturing expansion was bigger-than-expected. The index increased to 50.3, the first expansion in the industry since February, while experts predicted the value of 49.2. An index for German service industry jumped from 50.4 to 52.5, while median estimate was 50.7. The DAX and HDAX Indexes both climbed 0.5%.

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