It’s Back On in Germany as DAX Traders Send $638m to ETF
Debt Woes No Drag for Europe Stocks
Ralph Orlowski/BloombergThis article is for subscribers only.
German stocks, rejected by investors in April, are luring them back in May.
Buyers added the most in a year -- more than 570 million euros ($638 million) -- to the biggest exchange-traded fund tracking the equities last week. The benchmark DAX Index had its biggest jump in two months on Friday, and options data show traders are betting on further gains. The most-owned contract is calling for a 2.5 percent advance by June.