German shares higher midday after robust Wall Street showing

Share price were higher midday, in line with the strong late showing on Wall Street on Friday, with Munich Re supported by a broker upgrade, while Bayer was lifted by reports that GlaxoSmithKline is eyeing its pharma division, dealers said.

German shares higher midday after robust Wall Street showing

Share price were higher midday, in line with the strong late showing on Wall Street on Friday, with Munich Re supported by a broker upgrade, while Bayer was lifted by reports that GlaxoSmithKline is eyeing its pharma division, dealers said.

At 11.50 pm, the DAX was at 3,249.11 up 57.35 points or 1.80%, having traded in a range of 3,195.97-3,261.67 so far today.

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