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(RTTNews) – German stocks rose sharply on Wednesday to extend their gains over the previous session, as fears of a trade war eased and the threat of a new shutdown US government is mitigated.
Investors escaped political uncertainty in Spain, media reports hinted that the socialist government would hold early parliamentary elections after its expected defeat in the budget vote.
The benchmark, the DAX, was up 59 points or 0.53% at 11,185 in opening bids, following a 1% rise the previous day.
Fraport AG has increased by half a percent. The company said that Frankfurt Airport had served nearly 4.7 million pbadengers in January 2019, an increase of 2.3% over the previous year.
Copper producer Aurubis grew 2.5% after confirming its forecast for the year.
The operator of the Rhoen-Klinikum Hospital slightly increased after acquiring a
minority stake in software provider Tiplu GmbH in Hamburg.
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