DAX rallies on PMI data and US jobs

Source: Dukascopy
German DAX 30 index climbed on Friday, as investors anticipated positive PMI statistics across Europe and awaited US jobs data. Utilities and consumer services posted the biggest gains within the index. Muenchener RUE, the world's biggest reinsurer contributed most to the index, adding 2%. On the downside Thyssenkrupp AG and Deutsche Bank fell 0.7% and 0.6% respectively. German index rallied after US hiring data and at the moment of writing the index is 1.31% or 86.74 points up at 6743.03.

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