Fri, 22 Feb 2013 20:04:04 GMT
DAX
German stocks traded higher on Friday, as data showed German confidence rose more than expected. The German business climate index advanced from 104.3 in January to 107.4 in February. The DAX index surged as much as 1.03% to close at 7,661.91. All but two sectors in the gauge soared. The telecommunications and utility stocks jumped the most. The latter group