Dax: German bank's share reaches its highest level in 15 years
In this stock market week, Deutsche Bank is one of the biggest winners on the market. Stock market players see potential compared to other financial institutions.
Shares in Deutsche Bank rose nearly 1 percent on Friday to 34.70 euros, their highest level since 2011. The Stoxx 600 Banks index also gained around 0.7 percent. This comes after the shares hit a multi-year high of 34.50 euros on Wednesday. Deutsche Bank's shares have risen over 3.5 percent this year, but have underperformed compared to Commerzbank, which has gained 11.5 percent. Commerzbank shares reached a new high since 2010 of nearly 41 euros on Wednesday.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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- Dax: German Bank stock reaches the highest level in 15 years handelsblatt.com
