A Note on the Performance of DAX Index

Germany’s DAX Index is down by 10.8% year-to-date. It is one of the worst performers among the major developed world indices.

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Source: Yahoo Finance

Over the past five years also the index has swung between a narrow range as shown in the chart below:

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Source: Yahoo Finance

As Germany is the economic engine of Europe, it can argued that if German equities does not perform well other developed European countries may not as well. In addition, investors interested in European stocks might want to keep an eye on German markets as we head towards the end of the year.

Ten Foreign Stocks To Consider For Potential Investment

The ongoing correction and volatility in global equity markets have made some of the foreign stocks cheaper. Investors with long-term horizon of five years or more can find attractive opportunities at current levels. Listed below are ten such stocks for potential investment after further research:

1.Company: Westpac Banking Corp (WBK)
Current Dividend Yield: 7.43%
Sector:Banking
Country: Australia

2.Company: Australia and New Zealand Banking Group Ltd (ANZBY)
Current Dividend Yield: 9.78%
Sector:Banking
Country: Australia

3.Company: National Australia Bank Ltd (NABZY)
Current Dividend Yield: 8.17%
Sector:Banking
Country: Australia

4.Company:Commonwealth Bank of Australia (CMWAY)
Current Dividend Yield: 6.65%
Sector: Banking
Country: Australia

5.Company:Bancolombia (CIB)
Current Dividend Yield: 3.46%
Sector: Banking
Country: Colombia

6.Company: Nordea Bank AB (NRDBY)
Current Dividend Yield: 8.73%

Sector: Banking
Country: Sweden

7.Company: Autoliv Inc (ALV)
Current Dividend Yield: 3.10%
Sector: Auto Parts
Country: Sweden

8.Company:Veoneer Inc (VNE)
Current Dividend Yield: N/A
Sector: Auto Parts
Country: Sweden

9.Company: National Grid PLC (NGG)
Current Dividend Yield: 5.62%
Sector:Multi-Utilities
Country: UK

10.Company: Continental AG (CTTAY)
Current Dividend Yield: 1.71%
Sector:Auto Components
Country: Germany

Note: Dividend yields noted above are as of Oct 19, 2018. Data is known to be accurate from sources used.Please use your own due diligence before making any investment decisions.

Disclosure: CTTAY, ALV, VNE, CIB, WBK, NAZBY