(RTTNews.com) – German shares rose on Tuesday, with a global rally in equities and commodities helping underpin investor sentiment as trading resumed after a public holiday.
The benchmark DAX was up 22 points or 0.22 percent at 9,973 in late-morning deals after hitting as high as 10,080 earlier in the day.
On a day of little corporate news, United Internet rallied 3 percent after affirming its full-year outlook.makeAd(‘4′,’300×250′,’mktsnews’,’article’,”,”);
While banks held flat on optimism over Greek debt talks, automakers BMW, Daimler and Volkswagen fell over 1 percent each.
In economic releases, the euro area trade surplus rose to a 3-month high of 22.3 billion euros in March from 20.6 billion euros in February, as imports fell by much more than exports, Eurostat said.