Dax closes firmer, but remains under the brand 5.800er
January 21st, 2010
Two weeks before Christmas, the DAX takes again the barrier of resistance from 5800 points to target. The target price of 6,000 points, the Dax can only do so if he skips the barrier of 5,800 points and consolidate.
The German defaults have tended on the last trading day of the week is significantly stronger. The Dax gained by 0.83 percent to 5756.29 points, while the MDAX was able to attract by 1.02 percent to 7301.46 points. When TecDax identify reductions were from 0.47 percent to 810.63 points.
Positive comments from analysts had the Dax Linde benefit with significant impacts of nearly 4 percent. Showed significantly stronger sometimes Bayer, Allianz, Henkel and BASF. Volkswagen was able to temporarily demonstrate strong gains of more than
2.5 percent. Previously, the Wolfsburg for the month of November recorded a sales increase of 19.1 percent was recorded. Daimler had to identify, however, gains of just 0.5 percent after the company had announced that Mercedes-Benz had recorded in VR China continued strong gains. Mercedes-Benz in China is the fastest-growing premium brand. Mercedes-Benz waiting for the full year 2009, an increase in sales of more than 60 percent over the previous year.
At the lower end were temporarily financial stocks such as Commerzbank and the German bank to find that tended more than 1 percent weaker. Also, the German stock exchange and Beiersdorf, Infineon, or sometimes had to accept discounts.
Tags: analysts, stock exchange news