E.ON AG and RWE AG are two of the largest utility companies in Germany. These two utilities are the in the top ten holdings of the newly launched SPDR S&P International Utilities Sector ETF – IPU. We wrote an article on this new fund titled “New Foreign Utilities ETF !” a few weeks ago. 1. …
There are two German bank ADR stocks that are available for US investors. A short summary of these stocks is given below: 1.Deutsche Bank AG – DB Deutsche Bank is the largest bank in Germany. Current dividend yield is 8.03% and the PE is 6.46. 2.CommerzBank AG – CRZBY This is one the largest bank …
For German ADRs list go to here. For the country’s benchmark index got to: DAX Index DAX Index at Yahoo Finance, Bloomberg, Wikipedia, Frankfurt Stock Exchange
Photo: Brandenburg Gate Courtesy:www.globusjourneys.com The New Germany Fund – GF is a closed-end fund. The fund was up 25.14% last year based on the share price. The fund’s benchmark is the MDAX which is the mid-cap Stocks Index in Germany. MDAX is composed of 50 mid-caps tocks whereas the DAX (Germany’s main stock market Index) …
Commerzbank is the second largest bank in Germany. The bank was founded in 1870 by a group of merchants and bankers in Hamburg. From those early years, the bank has grown to be the second largest bank now thru many mergers and acquisitions. The bank also endured both World War I and II. Today the …