European shares rally as Frankfurt hits new record | Bangkok Post: news

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European shares rally as Frankfurt hits new record

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European equities rallied on Tuesday with star performer Frankfurt striking a record high following impressive company earnings and upbeat data, and after Australia cut interest rates. 

A trader at the Frankfurt Stock Exchange sits in front of a chart displaying the DAX 30 index on September 12, 2012. Germany's blue-chip DAX 30 stock index topped an all-time intraday high of 8,162.54 points, propelled by a raft of favourite corporate earnings reports, traders said.

Germany's DAX 30 index of leading shares jumped as high as 8,197.72 points, surpassing its previous July 2007 record, with the market lifted by impressive factory orders data.

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