German DAX extends gains on persisting after-summit optimism

Source: Dukascopy Bank SA
DAX 30 edged higher on Monday supported by technologies and financials. The index was not strongly affected by deteriorating Eurozone manufacturing activity nor record high regions unemployment level of 11.1%. The main gainer was Commerzbank that surged 2.5%. On the downside Linde AG tumbled 2.5% after German gases and engineering enterprise said late Sunday that it has offered to buy US home health-care firm Lincare Holdings Inc for around USD 4.6 billion. At the moment of writing DAX 30 is 1% or 68 points up at 6,484.

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