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FX.co ★ DAX Edges Higher In Cautious Trade Ahead Of US Jobs Data

DAX Edges Higher In Cautious Trade Ahead Of US Jobs Data

On Friday, German stocks experienced modest gains in cautious trading, with investors anticipating the release of the U.S. non-farm payroll report later in the day and the upcoming U.S. presidential election. The DAX index increased by 60 points, or 0.3%, reaching 19,138, following a 0.9% decline in the previous session.

In company news, Siemens saw an approximate 1% rise amid reports that the conglomerate intends to pursue further acquisitions following its $10.6 billion acquisition of the U.S. industrial software firm Altair.

Meanwhile, shares in Fielmann Group AG, a leading eyewear company, dropped by 7.6% despite reporting a rise in sales over the nine-month period and maintaining its annual sales forecast.

Technology stocks, including SAP and Infineon Technologies, remained stable with minimal changes.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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