Saturday, January 17, 2015

Germany: DAX for the first time over 10 200 points – Neue Zürcher Zeitung

Germany: DAX for the first time over 10 200 points – Neue Zürcher Zeitung

(AP) A day after the release of the Swiss franc has scaled unprecedented heights of the DAX. The leading index exceeded the mark of 10,200 points before he went on 10’167,77 points from trading with a gain of 1.35 percent.

On Thursday, the DAX was still a real roller coaster ride through after the Swiss National Bank had unexpectedly canceled the existing since September 2011 Coupling the franc to the euro. According to traders reason for the increase on Friday was also the expectation of strong cash infusions from the European Central Bank in the coming week.

Throughout the week, the DAX fluctuated by around 585 points and won 3.8 percent. His previous record high was the German stock market climbed in early December at 10,093 points.

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