Mon, 16 Jan 2012 16:51:25 GMT
DAX index recovers on Monday led by car makers
German DAX Index closed 0.6% down at 6,143.08 on Friday, but managed to recover on Monday, led by car makers and consumer goods sector. BMW AG and Daimler AG surged 2.6% and 3.48% respectively, after Goldman Sachs upgraded both companies to buy status. On the downside were Heidelbergcement and Thyssenkrupp AG, declining 3.86% and 1.39% respectively. At the moment of