DAX trades higher, driven by financials and car stocks

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Source: Dukascopy Bank
German DAX index posted gains on Friday on news ECB and European officials are progressing in closing agreement with Greece and US issued satisfactory economic data. Financial and car maker shares were the main gainers with Commerzbank AG adding 1.7% and Deutsche Bank AG surging 1.3%. Volkswagen AG jumped 2% after the car manufacturer posted a 1.3% advance in global sales in January. Daimler gained 1.7%. At the moment of writing German DAX is 1.31% or 88.15 points up at 6,840.19.

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Mon, 20 Feb 2012 06:59:20 GMT

Japan trade gap broadened in January

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Fri, 17 Feb 2012 15:14:13 GMT

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