Germany's DAX hits new record highs as European shares rise

lunes 16 de marzo de 2015 07:05 GYT

* DAX hits new record highs, over 12,000 points

* FTSEurofirst 300 up 0.7 pct

* Siemens rises on Egyptian power deals

* Special Catholic Holy Year lifts Autogrill and Atlantia

By Sudip Kar-Gupta

LONDON, March 16 (Reuters) - Germany's DAX hit a record high as European stocks rose on Monday, extending their recent sharp rally as investors bet that the weakened euro would boost the region's economy and lift exporter earnings.

The DAX -- which unlike many other European equity indexes factors in returns from dividends -- rose 1.2 percent to break through the 12,000-point level for the first time.

The pan-European FTSEurofirst 300 index rose 0.7 percent to 1,589.57 points, its highest since late 2007.

The DAX and other European stock markets have been lifted by the European Central Bank's launch of a trillion euro money-printing scheme aimed at boosting economic growth in Europe.   Continuación...