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Dax defends his positive despite profit taking

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HB FRANKFURT / DUESSELDORF. The more concrete expectant has a chance of further injections of money for the U.S. economy investors on Friday again on the European stock market enticed. Disappointment with the quarterly report from General Electric (GE) saw in the late transactions, although for Profit-taking and thus slowed down the increase. But could many stocks still hold in positive territory – especially in Germany. The Dax rose 0.6 percent to 6492 Points, closing as high as for the 3rd September 2008 no more. It was the third consecutive day that one of Dax Two-year high marked. In weekly view, he won three Percent.

U.S. Federal Reserve Chairman Ben Bernanke said in a speech in the USA, low inflation and high unemployment traditional arguments for the Fed continues to act. "It is conceivable that even at the November meeting, the Decision for an extension of the loose monetary policy is like, "said analyst Thomas Amend of HSBC Trinkaus. A dealer brought it so to the point: "Sounds like Ben ‘Potter’ to Bernanke: "We conjure up inflation."

Until now threatens the U.S. but still no inflation: in September was the increase in consumer prices by 0.1 per cent Previous month and 1.1 percent the previous year even as severe than expected.

The MDAX gained 0.10 percent on Friday at 9 170.39 points and was therefore also his two-year high. The TecDAX fell 0.09 percent on the other hand, at minimum 807.98 points.

The shares of Infineon Technologies profited from the Dax-toe with plus 3.38 percent to 5.631 € from quarterly reports of U.S. technology companies Google and Advanced Micro Devices (AMD) . Both U.S. stocks were on the eve of surprises with its good results and thus ensured of a positive trend among German industry figures, it said on the market.

TecDax included papers of Dialog Semiconductor at a premium of 3.26 percent to € 13.47 to your favorites. For SiemensShares it went to the uneven numbers of failed U.S. rival General Electric (GE) But ultimately, up by 0.70 percent. GE missed market expectations on revenue. Earnings per share but was slightly higher than expected.

The suppliers put their title on the previous day started recovery continued. RWE increased by 1.19 percent to € 49.61, Eon increased by 0.89 percent to 22.045 €. Stockbrokers spoke of pent-up potential of the last bad MUCH shares. They argued also with the still-attractive dividend yield.

Shares of German Bank however, lost 1.23 percent to 40.80 euros. Bank chief Josef Ackermann calls for moderation in banking regulation and warns against exaggeration. Germany in particular should take care to avoid competitive disadvantages for domestic institutions, he wrote in an article for the "Börsen-Zeitung. It lacked the country’s importance as an economic nation, according to a strong banking sector.

The leading European index Euro Stoxx 50 closed with a gain of 0.20 percent at 2 841.65 points. In Paris the CAC-40 laid-Index also increased, whereas the "Footsie" in London gave way. In New York the Dow Jones Composite was the European trading slightly negative.

From a small decline in the futures market on Friday were Dealers revealed little impetus. However, sales something more: There were 137 (day 110) million shares traded for 4.2 (day 3.2) billion euros.