German DAX index saw an increase on Monday mainly
driven by auto producers. Volkswagen AG advanced 3% after company announced it
plans to sell 1.3 million of luxuries Audi AG in 2011. BMW AG and Daimler AG added 2.84% and 1.42%
respectively. Financials also provided positive contribution to the index as
Commerzbank ascended 2.51% and Deutsche bank climbed 2.39%. At the moment of
writing, German benchmark is 1.04% up at 5,761.20.