Around the World's Markets: Frankfurt

Friday 04 December 1998 00:02 GMT

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.

THE CO-ORDINATED interest rate cut by countries participating in the European Single Currency gave European markets a boost yesterday, with the DAX finishing at 4,812, a 2 per cent rise on the day.

The rally was led by banking shares, with Deutsche Bank rising 3 per cent to close at 99 marks. Deutsche Telekom rose by 3 per to end the day at 49 marks.

"This is a good buying opportunity, and I think the rate cut was sensible in the light of a slowing European economy," one dealer commented.

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