DAX surges on central bank decision

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Source: Dukascopy

Germany's DAX 30 Index rallied on Wednesday after international central banks including ECB and US Federal Reserve declared they will lessen pressures in the markets. As a result, DAX 30 jumped 4.2% to 6,038.26. Index was boosted by German car giants as they are heavily dependent on economic growth. BMW AG advanced 2%, Volkswagen AG added 2.4%, while Daimler AG soared 2%.

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Wed, 30 Nov 2011 15:09:23 GMT

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