Germany’s market was closed Monday for a holiday after stocks were higher Friday mostly from a positive report on GDP. On Friday Germany’s DAX Index finished the day at 9,952.90 for a gain of 90.78 points or 0.92 percent. Friday’s report on Germany’s gross domestic product showed a positive annualized rate of 2.7 percent with Read More
Author: Updates
In Germany, stocks were higher Friday after a positive report from the government’s Federal Statistical Office on GDP. Germany’s DAX Index finished the day at 9,952.90 for a gain of 90.78 points or 0.92 percent. For the week the DAX was 0.84 percent higher. Source: Google Finance. The report on GDP for Germany showed a quarterly increase of Read More
In Germany, stocks were lower Thursday following a global market trend and specifically as a result of worries over a U.K. exit from the European Union. The Bank of England also announced that it would be keeping its interest rate unchanged at 0.5 percent which effected stocks negatively. Germany’s DAX was down -113.20 points or Read More
In Germany, stocks were lower Wednesday following the global market trend and erasing some of the previous week’s gains, primarily from a Greek bailout and higher factory output. Source: Google Finance. A few events helped some sectors in Germany. Ministers of Germany, France, Russia and the Ukraine reached agreements Wednesday to improve security in the Read More
In Germany, stocks followed the global market trend higher Tuesday. Germany’s DAX gained 64.95 points or 0.65 percent to close at 10,045.44. For the week the DAX is up 0.65 percent as fiscal policy measures regarding aid from the Eurozone for a Greek bailout continues to help boost stocks. Austerity measures for Greece include pension reform and Read More
In Germany, stocks were higher Monday after the Eurozone agreed to provide further help for a Greek bailout. While the plan for Greece includes reduced pensions and higher taxes, the austerity measures overall are expected to help the country from defaults. Factory orders in Germany also helped push stocks higher after industrial orders reported an increase Read More
In Germany, market indexes were broadly higher Friday despite a weak jobs report from the U.S. economy and global economic data concerns which continued to weigh on stock valuations. Investors appeared to continue increasing their buying after early week losses showed numerous value buys and a continued rally in energy stocks helped lead the day Read More
In Germany, market indexes were broadly higher Thursday despite global economic data concerns which continued to weigh on stock valuations globally. Investors appeared to increase buying after previous losses showed numerous value buys. The DAX closed at 9,851.86 for a gain of 23.61 points or 0.24 percent. A rally in oil prices and energy stocks Read More