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Global Newsbrokers Stockmarket Service
Frankfurt open at 10:31:01

GERMAN SHARES FIRM AFTER WALL ST GAINS

Thursday, January 13

Share prices are firmer in Frankfurt this morning as sentiment is underpinned by last night's recovery and firmer close on Wall Street and a positive outlook from Apple. Today's ECB meeting is also awaited, although no change in interest rates is anticipated. The Dax index is up 11.22 at 4,220.04.

But Infineon is bucking the trend and falling despite the positive newsflow out of the US. Instead, the stock is down after Q4 earnings of 211m euros missed expectations and expected sales of 1.82bn euros were also weaker than anticipated.



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