German equities rise as Deutsche Bank soars

Source: Dukascopy Bank SA
© Scanpix/Reuters
German shares were bullish on Tuesday on better-than-expected quarterly results of Deutsche Bank. However, persistent uncertainty over whether Spain will apply for a bailout and whether Greece with meet its budget targets restricted an upward trend of German blue chips. The DAX Index surged 1.08% and is currently trading at 7,280.66. Seven out of nine sectors included in the index rose. Financials posted the biggest gains. Deutsche Bank jumped 4.10% after announcing that Q3 profit climbed 3%. Commerzbank also joined the rally, adding 2.20%. At the same time, health care and telecommunications sectors inched down. Fresenius Medical Care AG and Fresenius SE & Co shed 0.58% and 0.03%.


Back to articles

Actual Topics

Tue, 30 Oct 2012 18:09:58 GMT

French stocks surged on Tuesday

French shares are trading sharply higher on Tuesday after the largest European companies reported upbeat quarterly results. Meanwhile, investors are cautious as US markets remained closed because of Hurricane Sandy. The CAC 40 Index surged 1.36% to trade at 3,455.50. All sectors included in the index jumped. The top-performers were oil and gas producers and basic materials companies. Technip and

Tue, 30 Oct 2012 17:25:58 GMT

UK shares advance; BP leads gains

UK stocks moved higher on Tuesday amid positive quarterly reports from the biggest European companies. However, the upside was capped after Spanish PM said the country will apply for a bailout "when it will be in the country's interests". Meanwhile, global stock trading remained subdued as US trading was disrupted by Hurricane Sandy. The FTSE 100 Index gained 0.83% to

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.