Around the World's Markets: Frankfurt

Tuesday 24 November 1998 01:02 GMT

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THE XETRA DAX broke through the psychologically-important 5,000 point barrier on confirmation of talks between Deutsche Bank and Bankers Trust.

The blue-chip index jumped 2.30 per cent to close at 5,024.51 points, the first time it has risen above 5,000 in 11 weeks. Dresdner Bank rose by more than 5 per cent, while Commerzbank and HypoVereinsbank also made big gains.

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