World Economy

Anglo-Saxons Seeking DAX Shares

Anglo-Saxons Seeking DAX SharesAnglo-Saxons Seeking DAX Shares

Foreign investors have shown an even bigger appetite in shares issued by Germany’s top-30 blue-chip stocks. A new study reveals DAX-listed companies are of particular interest in the Anglo-Saxon world, DW reported. Companies listed on Germany’s benchmark DAX are getting more and more interesting for foreign investors, a fresh survey by consultancy Ernst & Young (EY) showed. The study noted that at least 56% of shares from the top 30 firms in Germany were in the hands of foreigners in 2014, up from 54% a year earlier, and up from just 45% a decade ago. EY listing expert Martin Steinbach said there was no reason to believe the trend should not continue.