Monday, March 31, 2008

Germany’s DAX …down

Gnutrade is all interesting. Its a Financial Game


Germany’s DAX made the most in loss section in the past two weeks. The index is down as the Deutsche Telekom AG and Morgan Stanley had cut their share-price estimate for Europe’s largest phone company. Automobile Sales in U.S has gone down for a fifth straight month in March and this has led to the Car-makers loss in Germany. The DAX index was down by 1.5 percent. Deutsche Telekom dropped three percent and the Morgan Stanley reduced the share price estimate by 6.5 percent. I think Germany's DAX will definitely retain its original position.




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