European Stocks advanced. DAX hits fresh record high

Market news

8 May 2013

European Stocks advanced. DAX hits fresh record high

Stock Indexes rose as as ING and Deutsche Telekom posted quarterly earnings that beat estimates and Germany IP data was better then expected.

Shares of ING climbed more then 2%, shares of Deutsche Telekom gained more then 3%.

Data showed that German industrial output in march rose 1.2% m/m vs -0.1% expectation.

Currently:

FTSE 6,570.8 +13.50 +0.21%

CAC 3,943.01 +21.69 +0.55%

DAX 8,212.4 +30.62 +0.37%

Orders

Germany: Industrial Production (YoY), March -2.5% (forecast -3.9%)

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.