DAX at Near 2-Month High
Frankfurt's DAX 40 rose 0.5% to surpass 25,800 on Thursday, its highest since early September, marking the fourth straight session of advances. Investors remained focused on corporate earnings ahead of the ECB's monetary policy decision later in the day. The ECB is widely expected to maintain its key interest rate at current levels today, following a similar move by the US Federal Reserve. Among top movers, Adidas rose 3.7% after reporting record profits and raising its full-year outlook. Vonovia was the biggest laggard, falling 4.7%, after delivering preliminary nine-months results.
Frankfurt's DAX 40 rose 0.5% to surpass 25,800 on Thursday, its highest since early September, marking the fourth straight session of advances. Investors remained focused on corporate earnings ahead of the ECB's monetary policy decision later in the day. The ECB is widely expected to maintain its key interest rate at current levels today, following a similar move by the US Federal Reserve. Among top movers, Adidas rose 3.7% after reporting record profits and raising its full-year outlook.
Vonovia was the biggest laggard, falling 4.7%, after delivering preliminary nine-months results.