German DAX jumps on German confidence

Note: This section contains information in English only.
Source: Marketwatch
On Thursday German DAX 30 index managed to interrupt 8-day losses and edged up 1.5% to 5,543.91 as Ifo reported higher-than-expected business confidence index. German financial institutions recovered immediately: stocks of Commerzbank AG added 7.6%, Allianz SE gained 2.5% while Deutsche Bank AG advanced 2.9%. Downgrade of Portugal has offset part of gains but did not break the upward trend.

Back to articles

Actual Topics

Thu, 24 Nov 2011 14:43:21 GMT

Microsoft and Yahoo to sign non-disclosure

Microsoft Corp. has signed a contract with Yahoo! Inc. in order to gain access to Yahoo's financial information. Microsoft Corp. is going to use this information to estimate the value of bid. Yahoo's advisors required the bids to be submitted during next week. Bidders are expected to propose buying a minority stake as full takeover hasn't been arranged. 

Thu, 24 Nov 2011 14:38:53 GMT

Nasdaq Composite slumps in line with its peers

Nasdaq Composite index followed other leading US market indexes and declined 2.4% or 61.20 points ending at 2,460.08 amid fears that poor German bond auction could signal deepening crisis. Gilead Sciences was one of few gainers that added 2.27% on announcement of acquisition of biotechnology company Pharmasset. Major negative contribution from the index came from Sirius Xm Radio Inc. and Micron Technology that each gave

Thu, 24 Nov 2011 13:53:28 GMT

S&P 500 extends losses

Standard & Poor's 500 Index lost 2.2% or 26.25 and closed at 1,161.79. All 10 industries in index experienced decline, led by banks, material makers and energy companies. Index declined for sixth consecutive day in a row which is the longest decline since August. Bank of America declined 4.28%, Janus Capital Group Inc. gave up 4.41%. Cabot Oil & Gas Corp. and Tesoro Petroleum Corp.

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.