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DAX Index gained 11% last week as ECB goes “never say never” on future buying of shares

By: Invezz

The DAX Index has recorded one of the best weeks in recent memory after it gained nearly 11% last week. In the meantime, an ECB senior official has refused to rule out potential buying of shares instead of corporate and government bonds in the future.  Fundamental analysis: “Never say never” says ECB On Thursday, the ECB announced a bigger-than-expected expansion of its stimulus package, which helped the DAX Index hit the multi-month highs.  “Net purchases under the asset purchase programme (APP) will continue at a monthly pace of €20 billion, together with the purchases under the additional €120 billion temporary

The post DAX Index gained 11% last week as ECB goes “never say never” on future buying of shares appeared first on Invezz.

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