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2/14/08

Bloomberg.com: Germany Stocks Rise Most in Three Weeks, Led by Hypo Real Estate - by Henrietta Rumberger

For the complete report from Bloomberg.com click on this link

Germany Stocks Rise Most in Three Weeks, Led by Hypo Real Estate - by Henrietta Rumberger

Germany's benchmark DAX Index advanced the most in three weeks as investor confidence in Germany unexpectedly rose in February, anticipating a pickup in Europe's largest economy in the second half. Banking shares climbed, led by Hypo Real Estate Holding AG, after Warren Buffett offered to assume liabilities of some bond insurers. IKB Deutsche Industriebank AG, the German bank bailed out after investing in U.S. subprime loans, rose on expectations the German government will help with new rescue efforts.

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