DAX index climbs 0.4% led by K+S AG

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Source: Dukascopy Bank
German DAX index bucked the downward trend in European stock markets and edged higher on Thursday. K+S AG rallied 6.4% as firm increased its yearly dividend by 30% after reporting the second-best revenue in company's history. On the downside Deutsche Lufthansa AG tumbled 2.5% after airline reported EUR 13 million loss in 2011 caused by traffic tax and surging fuel costs. Later in the session index was positively supported by positive US jobs data. At the moment of writing German DAX index trades 0.44% or 26.27 points up at 7,110.76

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Thu, 15 Mar 2012 19:37:16 GMT

Precious metals fell on Wednesday amid stronger US dollar

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