DAX 30 rallies, as Commerzbank adds 12%

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Source: Dukascopy Bank
German DAX Index closed 0.3% up on Wednesday and prolonged upward trend, opening 0.1% higher, led by Deutsche Bank. German benchmark rallied, after France and Spain performed well in bond auction and Euro appreciated sharply against the greenback. Financial and consumer service sectors posted the biggest gains. Deutsche Bank jumped 8.60%, while Commerzbank rocketed 12.40%. Car markers BMW AG and Volkswagen-PFD each added 0.82% and 2.13%, respectively. At the moment of writing German DAX is 0.84% or 53.04 points up at 6,406.12.

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