Categorized | Weekly Alerts

German Stocks Continue to Climb - AOX, PNE3, IFX

Today’s news alerts from the Frankfurt Stock Exchange include: AOX, PNE3, IFX

Alstria Office (ETR: AOX) jumped up 4% with an active 216K volume today.  They continue to be focused on acquiring, owning and managing real estate in Germany.

Plambeck Neue Energien (ETR: PNE3) first showed up on our radar at the end of May and has continued to grow.  Today they have climbed up another 2% with 152K shares trading. They continue to develop and finance wind farms both on and off shore.

Infineon Technologies (ETR: IFX) has had yet another crazy day with an amazing 12 million shares moving.  They have gained another 4% in the market today to €2.57. Offering semiconductor and system solutions they reported €4.3 billion in sales in the 2008 fiscal year.

The Frankfurt Stock Exchange is one of the largest and most efficient exchanges in the world.  There are eight exchanges on this market, DAX, DAXplus, CDAX, LDAX, MDAX, SDAX, TecDAX and VDAX.

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Forward-Looking Statement: This press release includes “forward-looking statements” within the meaning of the federal securities laws, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s projections and expectations are disclosed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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