DAX Reaches a New Record High

Germany’s benchmark index DAX reached an all-time record high of 11,158.55 yesterday on intraday basis before closing the day at a record 11,130. The index reached another high on Friday. In addition to DAX, UK’s FTSE 100 also came close to reaching 6,950 which it first crossed in late 1999. The FTSE has now hit a 15-year high this week. Though it …

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Why Invest In German Blue-Chip Companies

The German economy is the fifth largest in the world in terms of purchasing power parity(PPP). With a GDP of about $3.2 Trillion in 2013 based on PPP, it is also the largest economy in Europe.While the economy of the U.S. is consumption-based, Germany’s economy is export-based. Germany is a world leader in industries such as …

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Keep Calm and Stay Long With German Stocks

Germany’s benchmark equity index DAX plunged last month over fears of slow economic growth. From 9,454 the index fell to as low as 8,354 for a fall over 11%. However it recovered strongly from the depth of the lows and closed at 9,326 in October.As of Nov 10th, the DAX is down by 2.1%  year-to-date while …

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