- Germany’s DAX index hit an all-time high again on Wednesday
- Sportswear giant Adidas helped boost the German index, with shares ending 6% higher after the company said sales grew by 19% in its fourth-quarter results after the market close on Tuesday.
LONDON — Germany’s DAX index closed at an all-time high on Wednesday for the second time this week as European equities were broadly higher.
The pan-European Stoxx 600 closed 0.39% higher, while the DAX closed at a fresh record of 21,254 points, according to LSEG data.
Sportswear giant Adidas helped boost the German index, with shares ending 6% higher after the company said sales grew by 19% in its fourth-quarter results after the market close on Tuesday.
The athletic apparels maker said revenues were nearly 6 billion euros ($6.25 billion) in the last three months of 2024, stripping out currency fluctuations.
Analysts from JPMorgan, BNP Paribas, Exane and Oddo…
