DAX 30 index improves on financial shares

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Source: Dukascopy Bank
After a sharp fall of 3.4% yesterday, German DAX index recovered on Wednesday, led by banks. Commerzbank advanced 2.9% and Deutsche Bank soared 1.2%. Henkel AG gained 0.9% after Goldman Sachs raised stock's rating from neutral to buy before company's earnings report due Thursday. On the downside Adidas AG lost 2.3% after reporting profit that missed analysts predictions. RWE AG slipped 0.9% after UBS cut stock's rating from buy to neutral. At the moment of writing DAX 30 is 0.48% or 32.10 points up at 6,664.53. 

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Wed, 07 Mar 2012 18:04:58 GMT

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