German shares hit one-month high, PostNL surges

lunes 30 de mayo de 2016 04:24 GYT
 

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* Germany's DAX index hits one-month high

* Volumes seen thin as UK, U.S. markets shut

* PostNL shares advance 5.8 percent

By Atul Prakash

LONDON, May 30 (Reuters) - Germany's DAX share index climbed to a one-month high on Monday, with some investors betting that the euro's relative weakness against the U.S. dollar would underpin German exporters.

The DAX was up 0.4 percent by 0741 GMT, after hitting a one-month high, as the euro fell to a 2-1/2 month low after comments by Federal Reserve Chair Janet Yellen on Friday enhanced the prospects of a near-term U.S. interest rate hike.

Yellen said the Fed should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated.

Some analysts said the market would keep a close eye on economic indicators for the market's direction in the near term.   Continuación...