German stocks advance as U.S. housing improves

Note: This section contains information in English only.
Source: Dukascopy Bank SA
German shares rose after U.S. housing starts climbed more than expected in December, offsetting the weak data for initial unemployment claims. The DAX index advanced 0.76% to 7,749.67. All but one sector increased in the gauge with consumer services rallying the most by 2.1%.HeidelbergCement advanced 2.6% to 46.95 euros to pace gains in the industrial shares that were 0.65% up. Furthermore, Infineon Technologies AG, the second biggest semiconductor manufacturer in Europe, surged 2.6%. Deutsche Lufthansa gained 2.1%, leading an increase in the consumer services group. Only two companies in the benchmark index decreased. SAP AG declined the most as Citigroup cut its stock rating from neutral to buy and said that the mixed global IT environment is beginning to affect the company and it might fail to match its last year's level of deals. The worst performer triggered a decline in technology shares that were 0.14% down.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.