AROUND THE WORLD'S MARKETS: FRANKFURT

Friday 20 August 1999 23:02 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

GERMAN SHARES rose 1 per cent, driven up by merger speculation in the utility and banking sectors. The DAX-30 closed 1.30 per cent higher at 5,254.14 points.

Traders said a rise to 5,300 points early next week was likely, as the DAX had upward momentum and the broader euro-zone economic backdrop looked brighter. News that Japan's three leading banks, Dai-Ichi Kangyo, Fuji and IBJ, plan to integrate their operations by spring 2002 lifted German banking shares.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

AROUND THE WORLD'S MARKETS: FRANKFURT

Join our commenting forum

Thank you for registering