With slight gains, the DAX goes into the Christmas break

Christmas in the shortened week, the German benchmark index developed friendly. The winners and losers have been held on the last trading day of the week about the scale. The Dow, which has failed in the morning just at the 6.000er mark, finally closed at 5957.44 points, 0.20% fixed. In Compared to the previous Friday, the benchmark index increased by 2.2%. The MDAX was off 0.16% at 7472.43 points as of SDax losing 0.28% and closed at 3551.86 points. TecDax the other hand were advancing by 0.17% to 812.35 points. The German Stock Exchange announced on Friday evening, an unscheduled change in the composition of the DAX. After the float has fallen in the ordinary shares of the auto maker, Volkswagen, among the required

minimum of 10%, the stock no longer meets the criteria to remain in the index. That, however, focuses on the preferred stock at the Wolfsburg in the DAX. The amendment was today, on 23 December effect. The VW ordinary share as a result lost 3%. The benefits, however, gained less than a percent. Chemicals group BASF to increase by 1 January 2010 its sales prices for its wet-end paper chemicals by up to 20%, provided that existing contracts allow for this step. The value gained quite clear. The Paysender Sky will carry out a capital increase. Sky expects an income between 110 and 120 million euros. Adelaide News, a 100-percent owned indirect subsidiary of the U.S. media giant News Corp. will., Subscribe for the shares. Sky in the MDAX gained more than 10%. The consumer climate will cool off slightly at the beginning of the new year. This was announced by the Society for Consumer Research (GfK) announced on Tuesday. The overall indicator of market research firm predicts that in January 2010 a value of 3.3 points versus 3.6 points in December, revised. Thus, consumer confidence must accept for the third consecutive year of decline. In addition, signals the DIW economic barometer for the current quarter continues a marked upward trend of economic development in Germany, however, weakens its dynamics from. As stated by the German Institute for Economic Research (DIW), is the expected growth rate of seasonally and calendar-GDP at 0.6% weaker at two tenths was estimated as the previous month. The 6,000 points before Christmas have been narrowly missed. However, the uptrend is intact. The German stock market only opened again on Monday its order books.

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