German shares open 1.21 pct higher

0 Comment(s)Print E-mail Xinhua, April 6, 2021
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BERLIN, April 6 (Xinhua) -- German stocks were off to a good start on Tuesday, with the benchmark DAX index rising 182.8 points, or 1.21 percent, opening at 15,289.97 points.

The biggest winner among Germany's 30 largest listed companies at the start of trading was Siemens Energy, increasing by 3.25 percent, followed by carmaker Volkswagen with 2.45 percent.

German software company SAP was up 2.32 percent after U.S. broadcaster CNBC reported that the core financial systems of Google as well as Google's parent company Alphabet would switch from Oracle to SAP software.

Shares of Deutsche Telekom fell by 3.42 percent, the biggest loser at the start of trading.

The yield on German ten-year bonds went up 0.020 percentage points to minus 0.306 percent and the euro was trading almost unchanged at 1.1813 U.S. dollars, decreasing by 0.01 percent on Tuesday morning. Enditem

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