DAX index rallies on Greek debt

Note: This section contains information in English only.
Source: Dukascopy Bank
German DAX 30 index surged 0.9% on Thursday, and extended gains after Mario Draghi announced he has received a confirmation from Greek PM Papademos that austerity measures have been approved. Daimler AG shares rallied, hitting 6-month record high after posting a 39% increase in 4th quarter profit. Car makers contributed to the gains as BMW AG appreciated 3.75% and Volkswagen added 3.13%. The main decliner within the index was E.ON AG which dropped 3.25%. At the moment of writing DAX index is 0.99% or 66.35 points up at 6,815.92. 


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