Arab Today, arab today german bluechip dax index breaks 8000point mark
Last Updated : GMT 05:27:22
Arab Today, arab today
Arab Today, arab today

German blue-chip DAX index breaks 8,000-point mark

Arab Today, arab today

Arab Today, arab today German blue-chip DAX index breaks 8,000-point mark

Berlin - Duetsche Welle

Germany\'s blue-chip DAX has surpassed the 8,000-point mark as both big and small investors grow more confident with global economic prospects. The index looks set to rise even higher this year. Germany\'s DAX index comprising the country\'s 30 strongest blue-chip companies briefly cleared the 8,000-point hurdle in early Friday trading. That psychologically important barrier was last surpassed in January 2008 before the start of the global financial crisis that saw stocks all over the world plummet. With accommodative monetary policies by many central banks, including the European Central Bank (ECB), and huge liquidity in the markets right now, the recent DAX rally came as no big surprise to most analysts.It\'s not least because of a rather loose monetary policy that dividend-paying stocks in particular will most likely continue to be on the rise. \"The DAX rally will go on, because there are currently not really any other sound alternative investment opportunities,\" TAO Capital economist Ludwig Donnert said in a statement. On to pastures new The stock market kept booming against the backdrop of fresh positive figures from the US labor market and Thursday\'s comments by ECB President Mario Draghi who told reporters after a regular board meeting that there were more and more signs the worst of the protracted eurozone debt crisis was over. In Germany itself, business confidence has returned after a 0.6-percent economic contraction in the final quarter of 2012. Entrepreneurs expect the country to swing back into growth in the months ahead. With yields on bank deposits and safe-haven German sovereign bonds at an historic low, ongoing strong investment in stocks looks inevitable. Analysts believe the DAX could reach 8,700 points in the course of the year, way above the all-time high record of 8,157 points in July 16, 2007.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german bluechip dax index breaks 8000point mark Arab Today, arab today german bluechip dax index breaks 8000point mark

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german bluechip dax index breaks 8000point mark Arab Today, arab today german bluechip dax index breaks 8000point mark

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday