German DAX rallies despite weaker data from US

Note: This section contains information in English only.
Source: Dukascopy Bank
German shares followed their European and US peers on Wednesday, lifted by earnings reports. Benchmark DAX index climbed higher in the morning though pared gains in late trade on larger-than-expected fall for US durable goods orders. Financials Deutsche Bank and Commerzbank supported DAX, adding 2.7% and 4.5% respectively. Deutsche Lufthansa extended gains and surged 3.5%. At the moment of writing DAX 30 index is 1.6% or 107.93 points up at 6,696.18.

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