The last trading session on European markets this week brings better sentiment. The DE30 is trading above the dash and back to the tops of the consolidation that has been going on for several days. The macro calendar for today is very light. Investors' attention today is focused on the CB reading and data on secondary market home sales.
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DE30 index chart, D1 interval. The benchmark German blue chips are gaining at the end of the week. Source: xStation 5
Friday's German market session brings gains in valuations of most economic sectors. Source: Bloomberg
News:
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E.ON (EOAN.DE) shares are gaining nearly 2.5% today on the back of a raised recommendation by SocGen to "buy." Target price at €10.7.
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Postivite mood also continues for the shares of Siemens AG (SIE.DE), which yesterday reported a huge increase in orders and record operating profit. The company also raised its earnings forecasts.
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Source: Bloomberg
The largest percentage changes in the companies included in the DAX index. Source: Bloomberg
The most active stocks in the DAX index (DE30). Source: Bloomberg
