Friday, April 27, 2007

German DAX Is Little Changed; Bayer Drops as Deutsche Postbank Shares Jump

(Bloomberg) -- German stocks including Bayer AG declined. Deutsche Post AG paced gaining shares on speculation TCI Fund Management LLP, a London-based hedge fund, is considering buying a stake in Europe's biggest postal service.

The DAX lost 2.66, or less than 0.1 percent, to 7384.36 as of 10:58 a.m. in Frankfurt. The gauge has added 0.6 percent so far this week. DAX futures expiring in June were unchanged. The HDAX Index of the country's 110 biggest companies declined less than 0.1 percent.


Read more at Bloomberg Stocks News

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