DAX Index started higher the trading session as positive news crossing the wires from the Brexit front. EU’s Donald Tusk said that after PM Boris Johnson met his Irish counterpart Leo Varadkar yesterday, “both saw for the first time a pathway to a deal”. Improved sentiment over the trade negotiations between officials from China and the USA in Washington also lifts German stocks.
The German main stock index has gained over 10percent since the August lows and 17,30 percent in 2019. Dax index is 1.82 percent higher at 12,385 having hit the daily low at 12,240 and the daily high at 12,407 boosted by SAP +7.34percent, Covestro +3.57, Deutsche Bank AG +3.23 percent, Daimler AG +2.61 percent, BASF SE +2.33percent, and Infineon +2.30 percent.
© Pakistan Press International, source Asianet-Pakistan